E-town to support foreign trade

E-town will issue support foreign trade and expand international markets with monetary policies.

In the first two months of 2016, Beijing saw a decrease in trade of 28 percent. The government has talked with local enterprises to learn about their difficulties, and the new policies will help solve these problems.

E-town’s administration invited government departments to introduce the new policies to local enterprises, and 50 delegates from 34 enterprises attended the introduction meeting.

The administration will help enterprises expand internationally and support their new products. A demonstration area will be built in E-town to encourage exports.