June 9, 2022

China on Wednesday doubled down on efforts to stabilize its economy, with a slew of new measures introduced for the trade sector as part of an imperative push to ensure the economy's reasonable growth over the second quarter. 

The fresh official avowal is envisioned to support the trade sector out of a low ebb, experts said, estimating that China's trade could grow by more than 5 percent over the whole of 2022, thereby effectively underpinning the larger economic revival. 

An executive meeting of the State Council, the country's cabinet, on Wednesday called for ramped-up support for the country's foreign trade and investment.

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