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China pledges lower tariffs, more imports and faster bond sales

China’s top officials pledged to lower tariffs and expand imports while tackling the trade standoff with the US and eyes faster bond sales and other measures to spur the slowing economy.

The country will continue to lower tariff levels and expand imports to promote trade balance and meanwhile, create a first-rate environment for foreign businesses as it opens up the economy, said Vice Premier Han Zheng on Sunday at the China Development Forum in Beijing, without offering details on tariff reduction.

China will accelerate opening up in the telecommunication, education, healthcare and other sectors and encourage foreign firms . . .

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