China to boost imports of resource products such as iron ore and copper concentrate
2023-11-01 12:02:09 [Print]
China's General Administration of Customs has issued an implementation plan which introduced a series of reform measures to foster the high-quality development of processing trade
. According to the plan, China will boost the imports of energy commodities such as crude oil, coal and natural gas, resource commodities including iron ore and copper concentrate, and bulk commodities such as grain . Bonded warehouses will be set up in central and western China and northeastern China for local processing trade to stabilize the supply chain and industrial chain of strategic commodities.