China's General Administration of Customs (GAC) announced 16 new measures on Thursday, aiming to further improve the business environment at ports of entry and streamline customs clearance processes.
The measures focus on four key areas: fostering new drivers for foreign trade, promoting the import and export of high-quality goods, reducing costs and improving efficiency for foreign trade enterprises, and facilitating cross-border trade.
"In the first three quarters of this year, cross-border e-commerce imports and exports reached 1.88 trillion yuan (approximately 259 billion U.S. dollars), an increase of 11.5 percent. The implementation of preferential policies in special supervision areas such as facilitating the repair and remanufacturing of specific products in certain industries has demonstrated a positive impact on fostering new growth points for foreign trade," said Lin Shaobin, head of the General Operations Department at the General Administration of Customs.
The newly released measures place a strong emphasis on fostering new growth drivers for foreign trade. In recent years, the structure of China's import and export commodities has undergone continuous optimization and upgrading, with products characterized by high technology, high added value, and leadership in green and low-carbon transformation showing strong growth momentum.
Additionally, the measures aim to enhance support for border trade by facilitating the on-site processing of imported goods and promoting the diversified development of border trade activities.
China unveils new measures to further improve business environment, streamline customs clearance
China unveils new measures to further improve business environment, streamline customs clearance
Chinese stock markets have wrapped up a buoyant first week of 2026, with the Shanghai Composite up close to 3 percent since Monday, hitting a decade high, according to China Global Television Network's financial market analyst Timothy Pope on Friday.
Chinese stocks closed higher on Friday, with the benchmark Shanghai Composite Index up 0.92 percent to 4,120.43 points.
The Shenzhen Component Index closed 1.15 percent higher at 14,120.15 points.
"The markets have wrapped up a very buoyant first week of the year, with the Shanghai Composite up close to 3 percent since Monday, and 0.9 percent today alone, taking it to a fresh decade high. I feel like I've already used those words a lot this week. The Shenzhen Component added almost 1.2 percent today, also had a very good day. Today the market got some welcome news in the latest inflation data, showing consumer prices rose to a three year high in December. The CPI was up 0.8 percent with particularly big jumps in the price of foods, so fresh vegetables and beef in particular, that's according to the National Bureau of Statistics, but both signs of easing consumer deflationary pressure, was definitely welcomed by the market, as was signs in the producer price index, that was responding to the governments campaign against involution, is starting ease pressures there," said the analyst.
"But it has been pointed out by market analysts that investors are still favoring non-consumer facing sectors when it comes to equities at the moment, so some of that is coincidental, some of it's not. Investors are still chasing metals stocks, in particular, gold miners still riding high on Friday despite a drop in the price of spot gold. But in China we have actually seen the gold bullion trading at a huge premium this week, more than 20 dollars above the global spot price this week, with interest in bullion only growing in the new year. And that's been reflected in equities. But most sectors trading higher today, we saw the big exception being financial stocks, so there was some profit taking on the big banks and insurers after some gains earlier in the week," he said.
China stock markets wrap up buoyant first week of 2026: CGTN market analyst
