China Vows More Steps to Stabilize Trade as Economic Risks Grow
- Guidelines to expand import categories to boost consumer goods
- MOF says nation faces difficulty in stabilizing trade in 2022
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China vowed more measures to stabilize trade as pressure builds on the government to bolster the economy amid worsening domestic Covid outbreaks.
The country will optimize an imported retail goods list for cross-border e-commerce and expand import categories to increase consumer goods imports, according to guidelines issued by the nation’s cabinet. China will also ensure a stable supply chain for trade and encourage financial institutions to offer greater support to small trade companies.