Today: November 22, 2024
November 22, 2024
1 min read

China announces measures to stimulate its foreign trade

China announces measures to stimulate its foreign trade

The measures, which span all levels of government, include expanding export credit insurance, strengthening financial support for foreign companies and streamlining cross-border trade payments.

Other measures seek to boost international electronic commerce, encourage exports of agricultural products and support imports of “key equipment” and “energy resources.”

The ministry also wants to promote innovation in “green trade”, strengthen personnel exchanges abroad, and advocate for better guarantees in maritime transport and employment for foreign companies.

The Chinese economy is struggling to recover since the end of the Covid pandemic, facing a crisis in the real estate sector, a drop in consumption and a high unemployment rate among young people.

The picture darkened even further with the election of Donald Trump, whose first term was marked by a trade war with Beijing and the imposition of tariff barriers on numerous Chinese products.

China has so far avoided commenting on the prospects for a new trade confrontation with Washington.



Source link

Latest Posts

They celebrated "Buenos Aires Coffee Day" with a tour of historic bars - Télam
Cum at clita latine. Tation nominavi quo id. An est possit adipiscing, error tation qualisque vel te.

Categories

Huancavelica: In mega-operation they dismantle criminal organization “Los turbios del sanitation”
Previous Story

Huancavelica: In mega-operation they dismantle criminal organization “Los turbios del sanitation”

Lawsuit against “El Topi” for alleged plagiarism of the Lazy Town song turned out to be false
Next Story

Lawsuit against “El Topi” for alleged plagiarism of the Lazy Town song turned out to be false

Latest from Blog

“Soriano Avanza” reaffirms political work

“Soriano Avanza” reaffirms political work

By Freddy Planchón. “Soriano Avanza” (lists 125 and 11010), a member of the Third Way National Sector, held a Departmental Meeting this Saturday the 16th at Casa del Partido Colorado in Mercedes,
Go toTop