Boost imports and exports

The latest of China's policies intended to make the country's slowing economy more stable targets trade and is meant to prevent mass unemployment, keep up the momentum of foreign trade and assist in the world's economic recovery.

The State Council said on Wednesday that the country is taking steps to ensure exporters more quickly receive tax rebates they are owed, to cut red tape to accelerate the process of clearing goods through customs and to encourage companies to move into markets outside developed economies.

And to bring balance to the country's trade, it will encourage imports, especially of machinery and technology.