China has pledged to give more of its importers subsidised loans as part of a bigger strategy to clean up the trade sector and boost its economy . Chinese imports and exports have slumped almost 7 % in the first six months of this year due to a lack of foreign and domestic demand . The State Council says it will increase the disbursements of subsidised loans for export and ensure that goods are cleared much quicker through customs .
China has pledged to give more of its importers subsidised loans as part of a bigger plan to shore up the trade sector and support its economy. Chinese imports and exports have slumped almost 7% in the first six months of this year due to a lack of foreign and domestic demand. The State Council says it will increase the disbursements of subsidised loans for importers and ensure that goods are cleared much quicker through customs.