Import policies to assist trade balance
By Zhao Yinan and Zhong Nan | China Daily | Updated: 2014-09-30 07:41
China rolled out a package of import-boosting policies on Wednesday as the world's top merchandise trader is likely to miss its trade target for the third consecutive year.
One of the key steps in Wednesday's policies is to readjust the list of government-encouraged imports, aiming to bring more advanced technologies and key equipment parts into China.
As a supportive policy, the government will allow companies to provide leasing on imported equipment for buyers at home, according to an article published by the State Council on its website after the meeting.
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