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China's Premier Wen Focuses on Export Stabilization Plan

The Premier of China, Wen Jiabao, has laid out a complete plan to accomplish a stabilized export industry for China to offset the world’s questionable economic conditions. Wen visited a number of the largest production plants around China, meeting with various companies to encourage innovative strategies and diversification.

The effect of the downtrend in the European economy as well as the Japanese economy has had a direct correlation on their exports. The new concepts are being created to assist in helping China meet their export goals. Some of the ideas that Web is instituting includes tax rebates using a fast-track ability, better services for trade, expansion of the export credit insurance and the cancellation of any fees considered unreasonable to allow an ease of enterprise burdens.


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