Chinese authorities have introduced a range of measures to stimulate growth.
These include a program that promotes large-scale equipment upgrades and consumer goods trade-ins, and the issuance of ultra-long special treasury bonds.
#China #growth #trade
These include a program that promotes large-scale equipment upgrades and consumer goods trade-ins, and the issuance of ultra-long special treasury bonds.
#China #growth #trade
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NewsTranscript
00:00China has introduced further measures to stimulate foreign trade. Beijing says it wants to strengthen financing and insurance underwriting for Chinese exporters and foreign companies.
00:10Priority will be given to e-commerce and green trade as so-called new growth drivers.
00:16Beijing has called for stable trade relations with the United States, where President-elect Donald Trump has threatened tariffs of 60% on Chinese goods.
00:28China is willing to conduct active dialogue with the United States based on the principles of mutual respect and peaceful coexistence,
00:38to expand areas of cooperation, manage differences and promote stable and far-reaching bilateral economic and trade relations.