China will add more items to its preferential technologies and products import catalog to boost mechanical and electrical products imports, said Zhang Ji, Director of the Department of Mechanic, Electronic and Hi-tech Industry of the Ministry of Commerce.
Emerging industries and traditional equipment manufacturing will now be included in the catalog.
An active import policy will help satisfy Chinese demand for production factors as the country transforms its economic development model and updates its industrial structure.
The move will cut China's trade surplus, he said. |