Policy measures to relieve businesses and benefit enterprises have been introduced, marking the best decade for pesticide exports!

Release Date:

2021-01-25

In 2020, in the face of a sudden and severe epidemic, the Party Central Committee and the State Council adopted a coordinated approach, balanced priorities, and stepped up macroeconomic policy responses, introducing a series of measures to relieve businesses and stabilize foreign trade, foreign investment, as well as industrial and supply chains. The Ministry of Agriculture and Rural Affairs actively implemented the decisions and arrangements of the Party Central Committee and the State Council, issuing multiple policies to optimize… Pesticide Policy measures for managing service work.
In February, the Ministry of Transport and the Ministry of Agriculture and Rural Affairs issued the “Urgent Notice on Diligently Implementing the Important Instructions of General Secretary Xi Jinping and Fully Ensuring Transportation Services for Spring Agricultural Production Supplies” (Jiaoyun Mingdian [2020] No. 77), thereby safeguarding the transportation of agricultural inputs and resolving… Pesticide The issue of disrupted export logistics.
In March, the Ministry of Finance and the State Taxation Administration issued the “Announcement on Raising the Export Tax Rebate Rates for Certain Products” (Ministry of Finance and State Taxation Administration Announcement No. 15 of 2020), which increased Pesticide The industry-wide export tax rebate rate has promoted Pesticide Export trade. As of year-end, Pesticide The industry collectively received an additional $159 million in export tax rebates, boosting profitability and bolstering industry confidence.
In February, the Ministry of Agriculture and Rural Affairs Pesticide The Management Department promptly resumed use exclusively for overseas purposes. Pesticide export control measures; in June, in order to implement the State Council’s requirements for streamlining administration, delegating power, improving regulation, and enhancing services, and to address Pesticide The bottleneck issue in export registration was promptly addressed through the timely issuance of measures by the Ministry of Agriculture and Rural Affairs. Pesticide Export‑only registration policy (Ministry of Agriculture and Rural Affairs Announcement No. 269 of 2020); effectively promoted Pesticide Export trade has grown. As of the end of 2020, only overseas usage… Pesticide The products totaled 147,000 tons and US$590 million in exports, accounting for 27% and 40% of the year’s export growth, respectively, with usage occurring solely overseas. Pesticide Has become Pesticide A new driver of export growth.
In addition, to address the challenges of disrupted logistics and transportation during the pandemic and to shorten processing times for businesses, the Ministry of Agriculture and Rural Affairs… Pesticide The calibration laboratory is stepping up efforts to optimize. Pesticide The Import and Export Notification Application System has issued the “Notice on Properly Implementing…” Pesticide Notice on the Paperless Application for Import and Export Notification Forms, effective March 9. Pesticide The import‑export notification form now supports paperless application. This not only minimizes person-to-person contact and reduces the risk of COVID‑19 transmission, but also significantly boosts processing efficiency, helping businesses cut costs. According to estimates, in 2020 alone, this measure saved enterprises nearly RMB 2 million in postage expenses and shortened processing times by two to three days.
With the support and impetus of the aforementioned policies and measures to relieve businesses and benefit enterprises, Pesticide Exports posted a substantial double-digit increase, marking the strongest performance in nearly a decade. Pesticide The best year for exports. In 2020, Pesticide The export volume (in terms of cargo weight) totaled 2.395 million tonnes, up 29.3% year on year, with an additional 543,000 tonnes exported. Pesticide The export value reached US$11.68 billion, up 14.6% year on year—US$1.46 billion more than in 2019, when exports first surpassed the US$10 billion mark. China… Pesticide Its share of the international market has further increased.