The NPC Has Grasped The Rhythm And Intensity Of Export Control Policies.
The meeting of the finance and Economic Commission of the National People's Congress of China believes that the rhythm and intensity of export control policies should be grasped.
Following the intensive research conducted by the leadership in various parts of the country, this position or the strengthening of the market expectations of export tariffs and other policy adjustments, or related sectors such as textiles and clothing, or benefit.
The Xinhua News Agency reported that the meeting pointed out that the increase in export volume and profits of export enterprises should be taken seriously. It is necessary to prevent excessive adverse factors from causing too much impact on export enterprises. At the same time, measures should be taken to help enterprises tide over difficulties.
The meeting also pointed out that at present, we should put inflation in a prominent position and actively push forward price reform.
However, the report did not elaborate on the areas covered by the price reform.
The textile and garment sector fell more or less with the market yesterday. The Bank of China (000982) was down and reported 5.51 yuan.
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