China's Ministry of Commerce on Thursday issued new measures to further boost foreign trade.
"In the first 10 months this year, China's total import and export value reached 36.02 trillion yuan (about 5 trillion U.S. dollars), a record high for the same period," said the ministry's spokeswoman He Yongqian, who noted that the stable growth in foreign trade highlights the resilience and vitality of China's industrial and supply chains, providing critical support for economic recovery.
She continued to introduce the new policies and measures for the next step:
"Firstly, we will increase financial support and expand the scale and coverage of export credit insurance. We will provide greater financing support for small and micro-sized foreign trade enterprises, guide banking institutions to optimize their overseas networks, and enhance their ability to support enterprises in expanding international markets," said the spokeswoman at a regular press conference in Beijing.
"Secondly, we will strengthen new drivers of foreign trade, promote the development of cross-border e-commerce and the construction of smart logistics platforms overseas. Regions with favorable conditions are encouraged to explore building cross-border e-commerce service platforms to offer businesses access to overseas legal and tax resources," she said.
"Thirdly, we will enhance support for foreign trade enterprises, advance green trade, border trade, and innovation in bonded repair business. We will facilitate the business personnel entry of key trade partners to China, encourage strategic cooperation between foreign trade and shipping companies, and improve workforce services for foreign trade enterprises," she said.
Chinese Commerce Ministry issues new measures to further boost foreign trade
Chinese Commerce Ministry issues new measures to further boost foreign trade
Almost all the service areas along the expressways in China have been equipped with charging facilities for new energy vehicles (NEVs), according to the Ministry of Transport.
At a press conference on Wednesday, Gao Bo, deputy director general of the ministry's Transport Service Department, said that inadequate charging piles have emerged as a challenge brought by the rapid growth of NEVs, while China is actively addressing the challenge.
The ministry, along with relevant departments, is continuously optimizing and enhancing charging services to better ensure convenient and green travel for the public, he said.
By the end of November 2024, a total of 33,100 charging piles and 49,300 charging parking spaces had been built at expressway service areas across the country, with an increase of 12,100 charging piles and 16,600 charging parking spaces compared to the end of 2023.
The proportion of expressway service areas with charging facilities has risen from 85 percent at the end of 2023 to 97 percent, achieving nearly full coverage except for some high-altitude service areas.
"Highway service areas nationwide widely use 120kW or higher fast-charging facilities. In the provinces of Zhejiang, Jiangsu and Guangdong, charging stations with 600-800kW ultra-fast chargers have been built," said Gao.
In response to service areas with tight charging services, mobile charging units have been added to provide flexible charging services.
The ministry is also strengthening the sharing and integration of charging resources with urban areas, guiding vehicles at busy service areas to nearby expressway entrance and exit charging zones or idle nearby service areas, alleviating congestion and reducing waiting time.
Almost all expressway service areas equipped with NEV charging facilities in China