Chinese govt unveils trade support

Updated: 2014-05-15 13:28


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BEIJING - The Chinese government on Thursday announced support for stable growth of foreign trade and job creation.

Optimizing the foreign trade structure - including encouraging imports of technology and key parts, maintaining stable growth of goods trade and supporting services trade - is the central issues of a policy document issued by China's Cabinet, the State Council.

The export tax rebates should be accelerated, and companies are encouraged to merge and acquire foreign brands and production lines to improve their global competitiveness.

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