国内英语资讯:China vows to boost imports for balanced trade and consumption upgrading_时事

国内英语资讯:China vows to boost imports for balanced trade and consumption upgrading

Trade in emerging services will be boosted, and imports of producer services covering research and design, trade logistics, consulting services, energy conservation and environmental protection will be encouraged.

Policies on duty-free shops will be made more flexible with more duty-free products introduced and shopping experiences improved. Imports of technological facilities needed for domestic industrial upgrading will be supported.

The meeting also calls to optimize customs clearance procedures and promote Authorized Economic Operator (AEO) mutual recognition with other countries to better facilitate imports. New approaches to importing trade were called for at the meeting, and cross-border e-commerce and border trade will be further developed. At the same time, a credit information system in foreign trade as well as enhanced intellectual property rights protection are needed so that foreign trade and foreign investment will complement one another.

"Our initiative of boosting imports demonstrates China's commitment to a new round of high-standard opening up, to economic restructuring, and to economic transformation and high-quality development," Li said.

The April statistics from the General Administration of Customs show a good momentum of China's foreign trade in the first quarter of this year. Trade in goods totaled 6.75 trillion yuan, up 9.4 percent year-on-year, and the trade surplus dropped 21.8 percent.