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Vice-premier urges efforts to boost foreign trade

Updated: Mar 25,2016 7:33 AM     Xinhua

Vice-Premier Wang Yang (C) visits an enterprise in Beijing, capital of China, March 23, 2016. Wang inspected foreign trade in Beijing from March 23 to 24.[Photo/Xinhua]

Vice-Premier Wang Yang has urged intensified efforts to boost foreign trade to bolster the country’s slowing economy.

After a tour of three high-tech companies in Beijing on March 23-24, Wang said China still had an edge in foreign trade despite mounting downward pressure on exports.

Companies should improve their products’ quality and make more high value-added products, he said.

The country should give support to export companies, encourage their business model innovation and promote the establishment of cross-border e-commerce pilot areas, Wang said.

China will continue to adjust the structure of foreign trade, and raise its exports to a higher level, he said.

Wang also called for efforts to promote the development of service trade, and improve the country’s business environment to protect the legitimate interests of foreign companies.

Vice-Premier Wang Yang holds a symposium to listen to the advice from Beijing municipal government and some enterprises in Beijing, capital of China, March 24, 2016. Wang inspected foreign trade in Beijing from March 23 to 24. [Photo/Xinhua]