China will take steps to boost exports, including encouraging banks to boost lending to profitable trading companies, expanding export credit insurance and raise tax rebates for some firms, the cabinet said on Wednesday, in the latest step to underpin growth, according to a Reuters report. China’s exports in March returned to growth for the first time in nine months, adding to further signs of stabilization in the world’s second-largest economy but officials have cautioned about the trade outlook. The government will also implement proactive import policies, supporting imports of advanced equipment and technology.
You must log in to post a comment.
Yes, I would like to receive emails from China Economic Review. (You can unsubscribe anytime)
Copyright © 2018 SinoMedia Group Limited All rights reserved