China rolls out plan to boost trade amid weakening global demand
BEIJING (Reuters) -China's cabinet on Tuesday issued a plan to stabilise its vital trade sector, including supporting exports of automobiles and facilitating visas for overseas businessmen, as subdued global demand threatens its exports outlook.
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BEIJING (Reuters) - China will expand imports and exports of key products, and support exports of automobiles, the State Council said on Tuesday.
Chinese banks and their overseas branches were encouraged to offer financial support to automobile firms to help the latter expand in foreign turf, the State Council said in a statement on promoting foreign trade.
On improving environment for trade developments the State Council, China’s cabinet, said China would properly respond to unreasonable foreign trade restrictions.
China would also further facilitate visas for overseas business people, while increasing inbound and outbound flights, the State Council added.
Reporting by Beijing Newsroom; Editing by Andrew Heavens and Alex Richardson
