China to expand policy support for exporters, Xinhua says
by Bloomberg Aug 08, 2020
China’s Ministry of Commerce will expand policy support for exporters as the global environment in the second half remains challenging for such companies, Xinhua reported.
The country’s foreign trade environment will become more complex and the ministry will promote the introduction and implementation of preferential policies including those on export tax rebates and credit lines, the report said, citing Commerce Minister Zhong Shan. Authorities will try to expand the policies to benefit more companies, Zhong was cited as saying.
Global cross-border investment has slumped due to the coronavirus outbreak, but “smart foreign investors” won’t give up on the China market, Zhong said in a separate Xinhua report.
Bloomberg
© Bloomberg
The author’s opinion are not necessarily the opinions of the American Journal of Transportation (AJOT).
Similar Stories
Indonesia’s Ministry of Forestry, WCS Indonesia and CMA CGM strengthen partnership to combat illegal wildlife trade
View Article
Berlin and UkraineInvest establish first U.S. partner office to expand American investment in Ukraine
View ArticleUS, Australia sign Customs Mutual Assistance Agreement
CMAA enhances trade and security cooperation
View Article
‘China Shock 2.0’: EU primed for action?
View ArticleAfreximbank Africa Trade Report shows Africa can turn geopolitical disruptions into long-term growth opportunity
The report highlights Africa’s continued growth resilience despite significant headwinds occasioned by escalating geopolitical tensions and ensuing economic shifts
View Article
Strait of Hormuz tensions highlight need to put seafarer welfare at the center of contingency planning, says AVS Global Ship Supply
View ArticleGet the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
