China's State Council is to implement a set of measures aimed at bolstering the country's export sector.
Amongst other measures - which include expanding credit insurance, stabilizing the yuan and allowing greater financial access - the Cabinet plans to introduce a series of tax incentives for exporters.
These tax breaks will mainly be distributed amongst the country's labour-intensive and high-tech industries.
In addition, the government will also provide billions of dollars worth of short-term export credit insurance to trading companies to help increase exports.
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