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China plans more measures to stabilise foreign trade
International

China plans more measures to stabilise foreign trade

Agency News

Beijing, Jul 10: China on Wednesday decided to adopt more measures to keep its foreign trade stable.

To stabilise 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, said a statement released after a cabinet meeting chaired by Prime Minister 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, said the statement, reports Xinhua. (UNI)