Guideline aims to boost high-quality trade development

China unveiled on Thursday a guideline to promote high-quality development of trade with a key focus on forging a stable and better-structured trade development as part of the country's ongoing efforts to implement the deep transformation and upgrading of the economy.

The new guideline, jointly issued by the Communist Party of China Central Committee and the State Council, requires establishing an evaluation system for high-quality trade development in terms of indicators, policies, statistics and performance by 2022, aiming for significant improvement in trade structure and efficiency.

Under the guideline, China will take a series of key measures to encourage new advantages in trade competition, improve trade structures, foster new businesses, create a better trade environment and deepen reform and opening-up.