China unveiled a new program to boost imports from other countries, as Beijing seeks to mitigate trading partners’ concerns over the nation’s goods flooding their market and crowding out local industries.
Premier Li Qiang launched on Tuesday a series of events called the Big Market for All: Export to China, just one day ahead of the openingBloomberg Terminal of the China International Import Expo in Shanghai. The program will be carried out annually in an effort to “actively respond to trade partners’ demands and concerns,” Commerce Minister Wang Wentao said at a ceremony kicking off the events.