China has introduced new measures to support its export sector in response to potential tariff increases from the incoming Trump administration.
The measures aim to counter "unreasonable foreign trade restrictions" and create a favorable environment for exports.
The plan includes initiatives such as expanding export credit insurance coverage and providing more financing support for companies involved in international trade.
These steps are intended to promote stable growth in foreign trade and strengthen China's economic recovery.
The new policies are crucial for protecting the profitability of China's export sector, which has faced challenges during previous trade tensions.