China's state media say the country's authorities are planning an overhaul of policies favouring its export sector in an effort to rein in its huge trade surplus and reduce tensions with major trading partners.
The government will gradually shift away from its former strategy of actively encouraging exports, the China Business News said, citing Wang Shouwen, head of the foreign trade department of the Commerce Ministry.
Wang made the remarks at a conference held on Tuesday which analysed possible international trade disputes in 2007.
The government has already started to overhaul various export subsidies, terminating those banned by the World Trade Organisation and reassessing others that could attract legal challenges, the report said.
Wang made the comments on the same day that the US formally lodged two complaints at the World Trade Organisation on copyright violations in China and market access for films, music and books.
There is growing pressure on Washington to address its huge trade deficit with China, which hit more than $200 billion last year.
