China intensifies push for exports

State Council unveiled policy initiatives designed to support and promote international trade.

BBVA said the policy-fueled boost to exports is designed to offset the tepid August activity outturns.

The new measures include accelerating tax rebates for exporters and expanding coverage of export credit and insurance.

Procedures for exports and imports will also be simplified, and the State Council will start encouraging imports of advanced equipment.

Domestic exporters should also look forward to more assistance in settling trade disputes with other countries.

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