China reveals new measures to stablize foreign trade and investment

VCG

China said new measures are to be taken to stabilize foreign trade and overseas investment in the country, as it is restarting the economy which was hit by the novel coronavirus.

Premier Li Keqiang chaired a meeting of the State Council on Tuesday to further deploy and optimize work mechanisms to mitigate any setbacks to China's economy and society caused by the coronavirus outbreak.

The meeting confirmed new measures for stabilizing foreign trade and investment and deployed work to further unblock the capital and industrial chains, and keep promoting resumption of production and work in the country.

It also called for better use of special re-loan and re-discount policies to support epidemic prevention and control, and relieve the developmental difficulties facing enterprises.