Nation aims to nurture trade, maintain supply

Major measures taken to help exporters, foreign firms resolve issues amid COVID

China will do whatever is necessary to stabilize foreign trade and secure supply and industrial chains in the second half of this year amid a world business environment that remains complicated and challenging for companies, the country's top commerce official said.

As the foreign trade environment becomes more complex, the central government will adopt fiscal, taxation, financial and insurance policies to help ease operational pressures on companies, consolidate their presence in traditional markets and explore the potential of emerging markets, Commerce Minister Zhong Shan said on Saturday.

New foreign trade formats have emerged as growth points, and China will encourage companies to further expand cross-border e-commerce and facilitate trade based on market procurement, he said, adding that the country will be well prepared for the third China International Import Expo to be held in Shanghai later this year.