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China will cut tariffs on consumer goods and enhance bank financing to boost imports and ensure more stable economic growth, senior commerce officials said on Thursday.
China will focus on leveraging its institutional advantage and creating a more consistent and institutionalized rule of law to upgrade its growth model and build a high-standard and open economic system. It's a focus that became more clear after a recently concluded key Party meeting laid out the goal of modernizing the country's socialist market economy and its economic governance capacity, experts said.
China's auto market also expanded steadily in the reporting period. A total of 14.07 million vehicles were sold in China in H1, up 5.57 percent year on year, according to CAAM. Meanwhile, some 14.06 million vehicles were produced, up 4.15 percent.
China will expand market access in the service and manufacturing sectors, relax restrictions on foreign ownership, and treat Chinese and foreign companies on an equal basis, Premier Li said.
China's Daily's Cao Yin spoke with five members of the judiciary to discover what they think of the reform.
来源：资阳报