China unveils measures to become ‘best export destination’ amid global turmoil and surplus scrutiny
CNA
Speaking on Friday (Mar 6), Chinese commerce minister Wang Wentao outlined incentives aimed at drawing global businesses into China’s vast domestic market.
BEIJING: The Chinese government will be conducting studies of individual countries’ capacity to export to China and offer targeted support to help them improve, an initiative aimed at making the world’s second-largest economy the “best export destination” for more trading partners, said its commerce minister.
“As a responsible major country, China is proactively opening its super-large market,” said Wang Wentao at a press conference on the sidelines of the Two Sessions on Friday (Mar 6).
“We treat the market as an opportunity, as cooperation.”
He said Beijing will be publishing an “Export to China Capability Development Report” - that assesses each country's export strengths, and then provides concrete assistance to help them improve - in what he described as “precise supply-demand matching”.
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