China's Exports Can Increase If Foreign Trade Promoted - Yicai.com

China’s export outlook for next year can be improved if measures are taken to promote foreign trade, according to Yicai.com. Policy recommendations include making full use of the Regional Comprehensive Economic Partnership trade agreement, diversifying exports by increasing trade with Belt and Road nations, and coordinating efforts with the Asian Infrastructure Investment Bank. Other options include increasing financial and fiscal policy support for foreign trade enterprises, avoiding exchange rate risks, and promoting RMB trade settlement. New forms of cross-border trade such as use of China-Europe express trains should be used, and the use of funds to promote services trade should be enhanced.