October 23, 2019 / 11:20 AM / a month ago

China to increase imports of goods including agricultural products - state TV

BEIJING, Oct 23 (Reuters) - China will increase imports of certain goods including agricultural, consumer and components products as part of its efforts to stabilise foreign trade, Chinese state television said on Wednesday, citing the state council.

CCTV said the state council also decided to improve the exports tax rebates system and ease restrictions for capital account transactions as part of its efforts.

The report also quoted the state council as reiterating that China will keep its currency basically stable and maintain reasonable foreign exchange reserves.

Reporting by Kevin Yao and Roxanne Liu; writing by Se Young Lee; Editing by Angus MacSwan

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