Dongguan has recently released the Work Plan for Promoting Stable Growth of Foreign Tradein a firm response to the national call for stabilizing foreign trade and the provincial directive on the five-pronged foreign cooperation strategy. Covering strategic direction, work objectives, key actions, and leadership, the plan outlines a comprehensive approach aiming to mitigate external risks, promote high-quality foreign trade development, and inject renewed vitality into the local economy.
The plan sets the overall direction of maintaining strategic focus, leveraging domestic and international resources, and enhancing collaboration between government and enterprises. It emphasizes monitoring international trade policy shifts, managing risks, and deepening reform and opening-up efforts. Dongguan will harness the dual circulation strategy to boost trade momentum, improve the foreign trade environment, and support enterprises in steady development.
In terms of work objectives, Dongguan plans to fully mitigate risks in foreign trade, reduce the negative impact of trade friction, stabilize expectations, and stimulate market vitality. By 2027, the city targets raising exports to Belt and Road markets to over 30% while coordinating industrial upgrades, import-export balance, and inbound-outbound investments, strengthening open economy, optimizing foreign trade structure, and enhancing supply chain resilience.
