China is determined to pursue high-standard opening-up and promote stable and improved performance in foreign trade and investment through making good preparations for holding CIIE, according to the Government Work Report delivered by Premier Li Keqiang on March 5.

Here are the excerpts from the work report.

We will promote steady growth of imports and exports.

We will increase credit support to small- and medium-sized foreign trade firms, expand the coverage of export credit insurance and streamline the conditions for insurance acceptance and claims settlement. Trials to facilitate foreign exchange settlement for trade firms will be advanced. We will keep the processing trade stable, develop new forms and models of trade such as cross-border e-commerce, and support enterprises in diversifying their markets overseas.

New approaches will be explored to develop trade in services. We will improve and adjust import tariff policies and increase imports of quality products and services. Good preparations will be made for holding major trade events such as the China International Import Expo, the China Import and Export Fair, and the China International Fair for Trade in Services. We will work to ensure smooth international logistics services, overhaul and standardize port charges, and further simplify customs clearance.

Source: Xinhua, China International Import Expo Bureau