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Website opened to Help Foreign Traders

February 20th, 2009

guangdongwang The provincial government of Guangdong opened a website the day before yesterday aiming to provide the Guangdong companies which are engaged in foreign trade with useful information.

Wan Qingliang, Vice-Governor, said that the website www.gd218.org.cn will function as an effective tool for the businesses in Guangdong at the lunch ceremony. It will report the messages related to global markets and government trade policies as well.

The global financial crisis has exerted a great influence on Guangdong economy and its foreign trade. The government has taken some measures with to help the local companies overcome the global financial crisis. Among these measures, the opening of the website is just one of these measures, he added.

According to Wan, with the website, companies can apply for documents and licenses. They also can put forward advice and ask for help from the officials who are responsible for foreign trade in Guangdong Province.

The total of imports and exports amounted to 36.6 billion yuan (i.e. $5.3 billion) in January. It decreased by 31% compared to the same period last year, he said.

They are confronted with great challenges of foreign trade which they have never met before, he said.

Liang Yaowen, the director of the provincial foreign trade and economic cooperation department, said that the foreign trade of Guangdong is likely to decline in the first four months of this year, when he addressed at a banquet for trade officials.

Liang analyzed that many firms are buying fewer raw materials from foreign countries. Therefore, the sales of their own goods will have a worse prospect in the foreign market naturally.

Besides, some hi-tech companies, such as Fox-conn which is funded by Taiwan and Flextronics which is funded by Singapore, have reduced their businesses due to the global economic depression, he said.

 

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