China Vows to Stabilize Foreign Trade, Expand Services Opening
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China will stabilize the scale of foreign trade and guide companies to optimize their global market footprint, Premier Li Qiang said Thursday, as Beijing seeks to navigate rising protectionism and a more volatile global trade environment.
Delivering the government work report at the opening of the country’s annual legislative session, Li said China will promote the integrated development of domestic and foreign trade, and encourage the growth of cross-border e-commerce and overseas warehouses.
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- Premier Li Qiang pledged to stabilize China's foreign trade and guide companies to optimize their global market presence amid rising protectionism.
- China will promote integration of domestic and foreign trade, expand cross-border e-commerce, and broaden market access in services and other sectors.
- Efforts include shortening the negative list for cross-border trade in services and ensuring national treatment for foreign enterprises to attract investment.
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