China will increase policy support for foreign trade companies: Minister of Commerce

In the second half of the year, China’s foreign trade is facing a more complex and severe situation, and foreign trade companies are still under great pressure to survive. Minister of Commerce Zhong Shan mentioned in an interview a few days ago.

In the second half of the year, China’s foreign trade is facing a more complex and severe situation, and foreign trade companies are still under great pressure to survive. Minister of Commerce Zhong Shan mentioned in an interview a few days ago.

The impact of the global economic downturn on demand will become more apparent.

The Ministry of Commerce will increase policy support and promote the introduction and implementation of a series of stabilization and relief policies such as export tax rebates, foreign trade credit, export credit insurance, and export to domestic sales, so that the policies will benefit more foreign trade companies, he said.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/08/08/china-will-increase-policy-support-for-foreign-trade-companies-minister-of-commerce/.

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