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NW China’s Xinjiang builds up convenient and efficient market procurement trade ecology

In September, 2022, Urumqi Bianjiang Hotel Business and Trade Market and Alasahnkou Asian-European Commodity Mall were approved to be pilot units of market procurement trade, a new kind of export method. The whole business process was completed in just over one month, and the first batch of goods were successively declared for customs clearance, thus achieving the transformation and upgrading of new business forms. (Shiliuyun-Xinjiang Daily/ Hei Hongwei)

Photo taken around 10:29 on October 28, 2022 shows a truck loaded with a container of men's shoes worth 104,400 US dollars leaves the Urumqi Multimodal Transport Center, heading for Kazakhstan via Yierkeshitan Port. (Photo offered by Urumqi Customs)

Located in Tianshan District, Urumqi City, capital of northwest China’s Xinjiang, Bianjiang Hotel Business and Trade Market has become a mature foreign trade market, with more than 3,600 high-quality merchants, covering more than 2 million kinds of commodities ranging from clothing, shoes and hats, suitcases and bags, to small commodities after developing for 30 years. In the beginning of 2020, in order to better adapt to the new mode of foreign trade and new forms of business, Bianjiang Hotel Business and Trade Market began to declare the pilot project of market procurement trade, which has been strongly supported by the governments at all levels of Xinjiang Uygur Autonomous Region and relevant departments.

“To become a pilot unit of running the way of market procurement trade means seizing the opportunity of a new form of foreign trade," said Zhu Zhiwei, general manager of Xinjiang Bianjiang Hotel Co., Ltd.. He also said that the market procurement trade can better handle non-ticket export trade featuring ‘small orders, miscellaneous goods and rich varieties’, enabling medium and micro individual merchants to participate in foreign trade export, so as to stimulate the vitality of the market.

On November 3, 2022, at the Alashankou Asian-European Commodity Mall, a truck loaded with 308 kinds of items including clothing, shoes, hats and hardware accessories weighing 34 tons leaves Alashankou port for Kazakhstan. The mall is near to Alashankou Comprehensive Bonded Zone and Industrial Supporting Zone, exporting small commodities, industrial products, agricultural products, daily necessities, etc. The main export countries are five Central Asian countries and European countries such as France and Germany.

In order to provide policy guarantee for the implementation of market procurement, Alashankou City has successively issued policy documents such as 13 measures to optimize the business environment, promote venture capital investment and support the high-quality development of Alashankou Comprehensive Bonded Zone and Cross-border E-commerce Comprehensive Pilot Zone.

“Developing the pilot units of market procurement trade helps promote the integration and innovative development of multiple business types, such as ‘market procurement + cross-border e-commerce + border trade," said Feng Jingang, deputy director of the Commerce and Industry Information Bureau of Alashankou City, Xinjiang, China.

In order to accelerate the release of new growth impetus for foreign trade, the Department of Commerce of Xinjiang Uygur Autonomous Region, Urumqi Customs, Tax Bureau of Xinjiang Uygur Autonomous Region and other departments have guided the pilot areas to make implementation plans, conducted counterpart cooperation with Yiwu City and Changshu City, and invited experts from many places to carry out online business training.

The relevant person in charge of the Department of Commerce of Xinjiang Uygur Autonomous Region said that under the support of the integrated management platform of market procurement trade, market procurement trade will be promoted vigorously and trade return will be facilitated, so as to provide new favorable opportunities for Xinjiang to further expand foreign trade and export.

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