China is considering additional fiscal policy support while mounting an all-out effort to put existing measures into place, providing a strong buffer against downward pressures on the national economy.
Suzhou in East China's Jiangsu province has rolled out a series of measures to alleviate the cash crunch.
Suzhou New District recently rolled out a series of measures on accelerating the high quality development of its cross-border e-commerce industry.
China rolled out a slew of measures to boost trade and investment facilitation, and to deepen reform and innovation in pilot free trade zones (FTZs). The measures can be classified into 5 categories.
In 2021, China is ramping up efforts to cut taxes and support the real economy. Preferential policies released in the first half will be extended to the end of the year.
China's efforts to deepen reform and opening-up are set to provide more business opportunities to foreign investors and contribute further to world economic recovery.
