The Chinese government is formulating a new batch of fresh measures on stabilizing foreign trade, which will focus on making innovation in business models, the Xinhua-run China Securities Journal reported on Tuesday.
An informed source said the new measures will include expanding the cross-border e-commerce pilot areas, expanding the pilot program of market procurement transactions and launching the pilot program of foreign trade comprehensive service enterprises by the year-end. The new measures are expected to improve the quality of China's foreign trade under the economic "new normal".
Meanwhile, they will further boost the optimization and adjustment of China's foreign trade structure, boost export growth and guide China's exports to rebound slightly in the fourth quarter of 2015.
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