A few days ago, Nanning City issued the “Measures to Respond to COVID-19 and Promote Steady Growth of Consumption” and the “Measures to Respond to COVID-19 and Promote Steady Development of Foreign Trade”, including 22 measures in six aspects, and the financial fund involved is about 200 million yuan, with an aim to promote consumption and stabilize foreign trade. As of March 26, the work resumption rate of commercial and trading enterprises above designated size is 99.7% while the attendance rate is 91%. 119 foreign trade enterprises with an import and export volume of 20 million yuan or more enjoy a work resumption rate of 100% and an attendance rate of 96.4%.
For the next move, Nanning City will actively cultivate new business forms, support the building of China (Nanning) Cross-border E-commerce Comprehensive Pilot Zone, and encourage traditional foreign trade enterprises to explore the international market with cross-border e-commerce. It will support traditional commercial and trading enterprises to expand online sales, carry out the business which allows customers to place orders online, and then provide contact-free smart distribution, so as to solve the last mile issue in urban areas. It will focus on building the convention and exhibition business area and the pedestrian block with “Three Streets and Two Lanes” into high-quality nighttime economy clusters, develop the tourism project of “Night Tour of Yongjiang River” as a characteristic night tour brand, and support the building of special catering cluster named “Midnight Diner”. For the image improvement and supporting facilities construction of nighttime economy clusters and landmark projects, the subsidy shall not exceed 10% of the effective investment of the project, and the maximum subsidy for each project shall not exceed 500,000 yuan.