Commerce ministry taking steps to boost high-quality trade

China will come up with a number of measures to further bolster high-quality trade, amid its enhanced efforts in deepening reform and opening-up, Commerce Minister Zhong Shan said.

Speaking at a recent meeting, Zhong said the Ministry of Commerce will center on supply-side structural reform, accelerate the shift from opening-up based on flow of goods and factors of production to opening-up based on institutions, and deepen reform in the foreign trade sector.

The ministry will well implement the upcoming guideline on promoting the high-quality development of trade and introduce specific measures, Zhong said.