China encourages trade
Print Edition
CHINA will support imports by reducing tariffs on popular consumer goods and opening more duty free shops, the State Council said in new guidelines issued yesterday.
The document urged governments at all levels to implement measures to support trade, as the country strives to open wider to the world and upgrade its economy.
Policies on consumer goods imports should be improved, and more effort should be made to create an easier business environment for foreign trade companies, it said.
The guidelines called on state-level departments to facilitate more foreign business in free trade zones and to offer tax refunds for exports.
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