China issues guidelines on expanding imports

News Image

By MG News | July 09, 2018 at 06:09 PM GMT+05:00

0:00

China on Monday publicized guidelines on expanding imports for balanced foreign trade, with policy incentives detailed in several areas.

China should keep exports stable while at the same time further expand imports, according to the guidelines, which were approved and released by the State Council.

China will optimize the structure of imports to support upgrading production and consumption, with tariff cuts in certain products and clean-up of unreasonable price mark-ups, the guidelines said.

Policy incentives will be given to imports of daily consumer goods, medicine, and equipment for rehabilitation and elderly care.

China will optimize the layout of its international market, focusing on the expansion of imports from countries related to the Belt and Road Initiative.

China will also actively explore multiple channels to boost imports, including hosting the China International Import Expo.

The country's investment environment should be improved so that foreign investment could play an important role in boosting imports, the guidelines said.

The country will further facilitate trade through cultivating pro-import platforms and strengthening intellectual property rights protection, the guidelines said.

(Xinhua/APP)

Related News

Name Price/Vol %Chg/NChg
KSE100 132,889.44
70.21M
-0.39%
-513.75
ALLSHR 83,070.50
377.05M
-0.14%
-117.56
KSE30 40,429.89
25.52M
-0.55%
-221.56
KMI30 191,217.09
30.03M
-0.45%
-866.83
KMIALLSHR 55,753.56
186.51M
-0.17%
-94.13
BKTi 36,249.41
3.83M
-0.48%
-173.46
OGTi 28,301.54
6.02M
-0.48%
-136.07
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,250.00 109,545.00
108,625.00
35.00
0.03%
BRENT CRUDE 70.00 70.09
69.85
-0.15
-0.21%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
2.05
2.15%
ROTTERDAM COAL MONTHLY 106.65 106.65
106.25
0.50
0.47%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.16 68.27
67.78
-0.17
-0.25%
SUGAR #11 WORLD 16.15 16.37
16.10
-0.13
-0.80%

Chart of the Day


Latest News
July 09, 2025 at 10:52 AM GMT+05:00

Saudi Riyal available at PKR 76.4 in open market


July 09, 2025 at 10:00 AM GMT+05:00

VIS reaffirms entity rating of Gatron (Industries) Ltd


July 09, 2025 at 09:45 AM GMT+05:00

PM emphasizes local resource use to boost exports



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg