By August of this year, Shenzhen Customs had helped more than 1,500 exporters engage in business in the domestic market, and the sales of the enterprises had reached 8.9 billion yuan (US$1.3 billion).
Due to the COVID-19 pandemic that has disrupted the world’s logistics and transportation, many exporters in Shenzhen have faced challenges and the cancellation of orders from overseas.
Facing such challenges, Shenzhen Customs unveiled a package of 12 measures to support processing and trade enterprises to expand into the domestic market. The measures include exemption of guarantees and taxes, and delayed payment of taxes. The policies relieved an 8.29-billion-yuan burden on enterprises.
“The strategy of a dual circulation pattern by the government has promptly directed the development of our enterprise,” Zhao Kai, manager with Shenzhen AGC Co. Ltd.
Due to COVID-19, the company’s orders were greatly reduced and the products it had produced had no way out.
“Customs helped us expand in the domestic market. Between January and August, 520 million yuan of goods were sold in the country, up by 34.1 percent year on year,” said Zhao.
Another COVID-19 effect was that it forced people to keep social distance and reduce outdoor dining — household appliances, especially ovens, sold well.
The Shenzhen Xin’an Home Appliances Co. seized the opportunity and increased sales in the domestic market. Shenzhen Customs, working with e-commerce platforms and industrial associations, set up a domestic consumption platform through online livestreaming and online shopping.
The sales by the company had exceeded 20 million yuan by August, up by 73.1 percent year on year.
Between January and August, Shenzhen’s foreign trade value reached 1.88 trillion yuan, up by 2 percent year on year.