trending Market Intelligence /marketintelligence/en/news-insights/trending/_jpkbhkxrcp1x-tjoy8gsq2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

China plans imports expansion to support consumers, balanced trade

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory

China plans imports expansion to support consumers, balanced trade

China plans to encourage the growth of imports to satisfy increasingly diversified consumer demand and upgrade domestic industries, the State Council announced at an executive meeting, Xinhuanet reported.

The council decided that it would promote imports of producer services covering research and design, consulting, energy conservation and environmental protection and technological facilities, along with daily consumer goods and medicine, as part of the strategy.

China also intends to trim import taxes on certain goods and ease policies on duty-free shops with the introduction of more products.

In addition, the council highlighted the need for enhanced intellectual property rights protection along with a credit information system to ensure foreign investment occurs alongside trade.

"Expanding imports is crucial for upholding free trade," said Premier Li Keqiang, who chaired the council meeting. "Priority should be given to meeting needs of everyday life and boosting trade in services. Our deficit in services trade may be turned into a catalyst for the upgrading of the services sector."

China's trade in goods climbed by 9.4% to 6.75 trillion yuan, while the trade surplus declined by 21.8%, Xinhuanet said, citing April statistics from the General Administration of Customs.

As of June 12, US$1 was equivalent to 6.40 Chinese yuan.