It's Happening....
Ningbo deals effectively with technical barriers to trade
- Details
- Category: Governmental News
- Published: Tuesday, 23 August 2016 10:23
The technical barriers to trade, usually referred to as the "recessive trade barrier", has always been a threat to the foreign trade enterprises in Ningbo. According to the survey report recently released by Ningbo Inspection and Quarantine Bureau, in 2015, 56.60% of the local exporters were affected by the technical barriers to trade, with a direct loss of US$1.153 billion, down by 30.75% compared with the previous year, which shows that Ningbo has made great progress in dealing with the technical barriers to trade.
In recent years, with the technology innovation and industrial development of different countries, the technical barriers have become the most hidden and difficult barriers in the international trade. In March and April of 2015, Ningbo Inspection and Quarantine Bureau conducted a survey of the influence of foreign technical barriers on Ningbo exporters. As the results show, 18.58% of the enterprises chose the technical barriers as the biggest difficulty for their export, and 11.11% and 14.49% of the enterprises, the second and the third respectively. Among all the enterprises affected, 53.65% of them suffered from direct loss caused by the loss of orders, and some suffered from such losses as the price reduction, item return and additional processing.
To improve the capacity of dealing with the technical barriers, Ningbo Inspection and Quarantine Bureau has made a lot of useful explorations, including establishing the technical barriers-dealing group for industrial product export, setting up five work stations in such areas as Cixi County, Yuyao County and Yinzhou District, and working together with the industrial associations in toys, baby products, stationery, lighters and household appliances. It has also conducted cooperation with the "8718" SME service platform by providing the information supply and consulting services of the technical barriers and broaden the technical support channels
