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"Foreign trade is an important part as well as a driving force
of the national economy," the State Council said in a statement
after a meeting chaired by Premier Li Keqiang.
Banks will be encouraged to lend to profitable trading companies
that have received overseas orders, export credit insurance will
be expanded and tax rebates for exporters of some machinery
products will be increased, it said.
China's exports in March returned to growth for the first time
in nine months, adding to further signs of stabilization in the
world's second-largest economy but officials have cautioned
about the trade outlook.
The government will also implement proactive import policies,
supporting imports of advanced equipment and technology, the
cabinet said.
The government will step up investment in roads, railways and
airports in poorer regions and encourage its less developed
western and central provinces to attract investment from more
developed eastern provinces.
China's economic growth slowed to 6.7 percent in the first
quarter, its weakest pace since early 2009, but
stronger-than-anticipated activity indicators for March
suggested the economy was picking up.
(Reporting by Beijing Monitoring Desk and Kevin Yao; Editing by
Jacqueline Wong, Robert Birsel)
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