On 25 Apr. 2023, the General Office of China’s State Council issued the "Opinions on Promoting the Scale Stabilization and Structure Optimization of Foreign Trade" (關于推動外貿穩(wěn)規(guī)模優(yōu)結構的意見) to ensure the realization of the import and export objectives as well as to stabilize China’s economic growth and employment.
These measures include:
- Promote full restoration of China’s offline exhibitions;
- Facilitate visa applications for overseas businessmen to visit China and improve the efficiency of obtaining APEC business travel cards;
- Increase the advantages of Chinese automobile exports, for which China will provide transportation and financial facilities to Chinese automobile manufacturers;
- Promote exports of large complete equipment, for which China will provide financial and recruitment support to the manufacturers of such products; and
- Expand imports of advanced technology and equipment, and guide enterprises to import more advanced technology and equipment that are in short supply in China.
Contributors: CJO Staff Contributors Team
