That is the reason why they’re giving more significance to e-commerce. Included in the pieces of training, the nation has taken initiative to enlarge the cross-border e-commerce pilot zone. There’ll be 46 more retail outlets. By these means, China plans to excite commodity trade. According to customs statistics, e-commerce goods sold in the nation in the first quarter of 186 billion yuan roughly $26 billion.
In the aftermath of this lockdown situation, China has taken different actions to take care of the financial losses of the last five months. In the meeting, Prime Minister Li Keqiang made a decision to encourage the nation’s policies, institutional microfinance, entrepreneurship, and farming to be able to stimulate China’s commerce momentum thinking about the worldwide market. The assistance is expected to continue until 2023.
Additionally, the nation’s government has proposed to maintain the Canton Fair, which is held on April 15, from June 15. Canton Fair is a trade fair that’s been occurring in spring and fall every year from the city of Kuanchaou (Canton), China. It’s the earliest, largest and most representative trade fair of China.
It had been renamed as the China Import and Export Fair in 2007 of this Chinese exporter’s fair.
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