Seven departments, including the Ministry of Commerce, set up eight new pilot markets for purchasing trade.

　　CCTV News:According to the website of the Ministry of Commerce, recently, seven departments including the Ministry of Commerce, the Development and Reform Commission, the Ministry of Finance, the General Administration of Customs, the State Administration of Taxation, the General Administration of Market Supervision, and the Foreign Exchange Bureau jointly issued the Letter on Accelerating the Pilot Work of Market Procurement Trade Mode, in order to implement the deployment of the the State Council executive meeting, develop new foreign trade formats, and foster new growth momentum, and set up eight new market procurement trade mode pilots.

　　The newly established pilot projects are: Tianjin Wang Lan Zhuang International Trade City, Hebei Tangshan International Trade Center, Jilin Hunchun Northeast Asia International Commodity City, Heilongjiang suifenhe city Qingyun Market, Jiangxi Jingdezhen Ceramic Trade Market, Chongqing Dazu Longshui Hardware Market, Xinjiang Alashankou Asia-Europe Commodity City, Xinjiang Urumqi Frontier Hotel Trade Market.

　　Previously, seven departments, including the Ministry of Commerce, had set up 31 pilot market procurement trade modes nationwide, and built a supervision system of "one demarcation, three filing and one networking", with supporting policies such as simplified declaration and non-refundable VAT exemption. The development of market procurement trade has achieved positive results.

　　In the next step, the Ministry of Commerce, together with other departments, will guide the newly established pilots to speed up the introduction of implementation plans, build a networked information platform, implement supporting policies, continuously improve the level of trade facilitation, promote the sustained and healthy development of market procurement trade, and help foreign trade maintain stability and improve quality.