China adopts measures to reinforce foreign trade supply chains

0 Comment(s)Print E-mail Xinhua, February 18, 2022
Adjust font size:

China will adopt multiple measures to reinforce foreign trade supply chains to cope with raw material price hikes and supply constraints, the Ministry of Commerce (MOC) said on Thursday.

The MOC will guide enterprises to make use of the preferential policies, enhance international cooperation to establish trade channels for raw materials with mutual benefits and reduced costs, MOC spokesperson Gao Feng told a press conference.

The ministry will continue to optimize China's business environment along with relevant departments, further implement tax and fee cuts and crack down on arbitrary charges to support the development of foreign trade companies, Gao said.

China's total goods imports and exports expanded 21.4 percent year on year to 39.1 trillion yuan (about 6.17 trillion U.S. dollars) in 2021, official data shows.

Follow on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from