The provincial trade & economic forum was ended and Qingdao has taken immediate actions to carry out its spirits.

    Firstly, report the spirits to municipal party committee and municipal government and hold municipal foreign trade & economic discussion on December 8th, conveying the forum spirits, forecasting and analyzing the foreign trade & economic situation next year, and put forward the focus and key work points in 2009.

    Secondly, further the investigations on the impacts on the key enterprises by the economic crisis. Visits were paid to 6 foreign-invested banks, like Korea-Asia Bank, Medium & Small Enterprise Bank, Sigapore-Korea Bank, HK East Asia Bank, Standard Chartered Bank and Japanese Mizuho Bank, and investigations were made on their current operational status. Investigations were also made on some key enterprises in the field of chemical, auto spare parts, clothing, shoe making, commercial, medicine, food industry and logistics, to help those enterprises in finding problems and solutions.

    Thirdly, under the current situation of economic crisis, we?ll speed up the interface between banks and enterprises. Up to now, 299 authorized enterprises have obtained bank loans with total Rmb12.93 billion.

    Fourthly, work well on export tax rebate and supervise enterprises to claim relative documents and proceed with them. Up to now, we have achieved total export tax rebates Rmb17 billion, including Rmb12.4 billion for tax rebates and Rmb4.62 billion for treasury exemption and deduction.

    Fifthly, apply for more policy support. To apply from the Ministry of Commerce for their support on increasing the tax rebate rate for ornamental handiwork, containers, frozen vegetable, candles, partial porcelain and cheap metal ware.