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China's State Council gives boost to foreign trade

CCTV.com

05-10-2016 00:56 BJT

The State Council has issued a guidance for the promotion of foreign trade that aims to facilitate financing for exporters and complete the export tax rebate system.

The guidance encourages banks and financial institutions to provide more support to export product manufacturers and foreign trade companies. The guidance also says China will expand the list of exporters eligible for export tax rebates. China's proactive import policy will continue to be implemented. The government will also lower the import tax rate for consumer goods to boost domestic consumption.

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