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Vice Premier of the State Council of the PRC: it is necessary to encourage the participation of enterprises in infrastructure projects abroad
Vice Premier of the State Council of the People's Republic of China Wang Yang S made an appeal to improve measures to ensure a stable growth of foreign trade and bring it to a new level.
As measures, the Deputy Prime Minister considers it necessary to expand the scale and coverage of export credit insurance, to achieve further improvement of the tax refund mechanism for the export of goods, to accelerate the development of trade in services, to restore order in the field of import and export duties, and to encourage the participation of enterprises in infrastructure projects for overseas - writes Xinhua.
The last point plays a special role in the development of projects in the Far East. Since it is the underdevelopment of the infrastructure that experts allocate as the main obstacle on the way to a turn to the East. “To develop the territory, you need water, electricity, roads, but under a 15-20% loan, not a single development project will work. Until there is a real infrastructure, Russia will not turn to the Pacific region ", - such a conclusion of the conclusion of experts of the latest Abalkin readings in the Free Economic Society was broadcast by the correspondent of EastRussia.
The measures voiced by the vice-premier of China are designed to increase the growth rate of China's foreign trade turnover. Since in 2014 it increased by only 3,4% against the planned 7,5% and 2013% performed in 7,6.