On July 28, 2023 (Friday),FuooTech Oil Purifier & Testing Equipment Manufacturing Group participated in the foreign exchange policy interpretation meeting of local foreign trade companies organized by Bank of China Chongqing Branch.
Experts from the Municipal Administration of Foreign Exchange gave a presentation on the foreign exchange situation and exchange rate trends in the first half of the year. It is also recommended that foreign trade companies adhere to the concept of "risk neutrality", rationally view exchange rate fluctuations, and reduce foreign exchange settlement risks.
Experts from the Municipal Commission of Commerce shared that Bank of China supports foreign trade enterprises in Chongqing from the two major sectors of funding and financial support. Through subsidy policies for foreign trade enterprises' exhibition promotion, various certifications, intellectual property rights, and brand promotion, it helps local foreign trade enterprises to improve their international business capabilities.
Since the establishment of Fuootech Oil Filter Company in 2002 and the production and export of the first transformer oil filtration plant, the Chongqing Municipal Government has given support from various aspects. We believe that with the joint efforts of the government and employees, Fuootech will have a better future!
