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Sunday, December 15th, 2019

China to increase imports of goods including agricultural products

by October 23, 2019 Industrialism

China will increase imports of certain goods including agricultural, consumer and components products as part of its efforts to stabilize foreign trade, Chinese state television said on Wednesday, citing the state council, Trend with reference to Reuters reports.

CCTV said the state council also decided to improve the exports tax rebates system and ease restrictions for capital account transactions as part of its efforts.

The report also quoted the state council as reiterating that China will keep its currency basically stable and maintain reasonable foreign exchange reserves.

Source: TREND News Agency