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BEIJING, March 11-- China will take new measures to keep foreign trade and investment stable, and help enterprises tide over difficulties to mitigate the impact of the coronavirus outbreak. All export tax rebates except for energy-intensive, polluting and resource products must be made in full without delay, according to a State Council executive meeting chaired by Premier Li Keqiang Tuesday. The country will encourage financial institutions to increase foreign trade loans, and fully deliver the policy of loan deferment in principal and interest for promising smaller firms that were deeply affected by the outbreak. Commercial insurance companies will be supported in offering short-term export credit insurance services and lowering premium rates. The meeting called for sound preparations for the China Import and Export Fair, also known as the Canton Fair this spring to bolster cooperation on foreign trade. Efforts should be intensified to shorten the negative list on foreign investment and expand the industries catalogs in which foreign investment are encouraged so that foreign investors in more sectors can receive benefits in terms of tax and other incentives. Li also urged that recent tax and fee cut policies designed to help companies tide over difficulties should be equally applied to both domestic and foreign-invested enterprises. The meeting required precise epidemic prevention and control measures in accordance with the epidemic situation of each region, among a faster pace of resuming work and production across the complete industrial chain. | 
