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China to accelerate integrated development of domestic, foreign trade
Updated: December 11, 2023 21:05 english.www.gov.cn

The General Office of the State Council released a circular on Dec 11 to accelerate the integrated development of domestic and foreign trade, which is an inherent requirement for building a new development pattern and promoting high-quality development.

Measures will be taken to accelerate the alignment of rules and systems for domestic and foreign trade involving such aspects as standards, examination, accreditation and oversights, according to the circular.

Efforts should also be made to promote the connection of market channels for domestic and foreign trade, the circular said, adding that the business environment for the integrated development of domestic and foreign trade will be improved with measures including intensifying the protection of intellectual property rights, improving credit systems and enhancing logistics facilitation.

Key areas of the integrated development of domestic and foreign trade will be focused, with efforts to step up brand building of the domestic and foreign trade, the circular said.

The circular also noted strengthening fiscal and financial support efforts.

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