China's cabinet approves measures to boost trade growth
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FILE PHOTO: Cranes and containers are seen at the Yantian port in Shenzhen, Guangdong province, China May 17, 2020. Picture taken May 17, 2020. REUTERS/Martin Pollard/File Photo
BEIJING (Reuters) - China's cabinet on Friday approved measures to boost growth in the country's foreign trade, state media reported, after October exports grew at the fastest pace in over two years and the country unveiled fiscal stimulus to revive growth.
The measures include expanding coverage of export credit insurance, improving cross-border e-commerce development and facilitating personnel exchanges, state media CCTV said.
China will also improve its trade shipping security capability and step up support for trade firms to secure jobs, CCTV said.
(Reporting by Ellen Zhang and Ryan Woo)
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