xinhua silk road logo xinhua silk road logo
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

maritime silk road search
Policy

China to introduce more measures to stabilize foreign trade

July 11, 2019


Abstract : China's State Council decided Wednesday to adopt more measures to keep its foreign trade stable.

BEIJING, July 10 (Xinhua) -- China's State Council decided Wednesday to adopt more measures to keep its foreign trade stable.

To stabilize foreign trade, the key is to further expand opening up and focus on enhancing the endogenous power of enterprises through market-oriented reforms and by economic means, according to a statement released after a State Council executive meeting chaired by Premier Li Keqiang.

China will improve its fiscal and tax policies as the meeting studied how to further lower the country's overall import tariff level, refine export tax rebate policies and speed up the tax rebate process, the statement said.

Li called for efforts to strengthen financial support for foreign trade firms.

China will explore and propose more special types of insurance for foreign trade enterprises, guide financial institutions to increase foreign trade financing support to small and medium-sized enterprises and improve the convenience of RMB settlement, according to the meeting.

The meeting also called for faster development of new industries, including cross-border e-commerce, and enhancing trade facilitation by simplifying import and export documents, cutting customs clearance time and reducing port charges.

Scan the QR code and push it to your mobile phone

Keyword: foreign trade opening up

Reading:

Wealth of the super-rich declines for first time in seven years

Economy minister: Germany must step up pace of innovation

German exports rise in May, but growth risks remain

BASF cuts 2019 outlook on weak industry production, trade disputes

Hangzhou explores new path to strengthen large site protection

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial