Information offices to help reduce trade disputes
By Zhong Nan | China Daily | Updated: 2016-01-21 07:49
China will set up 100 trade information offices this year to collate trade-related data from its major export provinces and assess them for potential risks, government officials said on Wednesday.
In addition, the country will also set up lobby groups in the United States, Brazil and India this year to tackle growing global trade frictions against its products.
Yin Zonghua, vice-chairman of the China Council for the Promotion of International Trade, said as many as 94 trade disputes were filed against Chinese companies and products in 2015, mainly by the United States and emerging economies like Brazil, India and Mexico.
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