The ministry is "drafting detailed policies" that will probably take effect later this year. The measures would give "a big boost" to Chinese exports, said the source.
Europe's economic problems, rising costs and growing trade protectionism all combined to constrain exports in the first half of the year.
In June, exports contracted 3.1 percent year-on-year, the first monthly decrease since January 2012 and the biggest decline since the 2009 recession, according to the General Administration of Customs.
Over the past few weeks, the government has acted to stabilize trade. In late July, citing the complex and challenging trade environment, the central government pledged to improve policies and services and widen channels for exports.
The government also said the nation would maintain stable economic growth in the second half by fine-tuning policies.
"The measures and commitments are very important for Chinese exports. There are more in the pipeline, mainly about e-commerce," said the source.
According to the source, the policies aim to provide convenient and efficient e-commerce platforms for exporters and help them enlarge their overseas network and reduce costs.
The policies cover a wide range of issues concerning customs clearance, foreign exchange, taxes and inspections.
Commerce Minister Gao Hucheng said during a group interview last week that China has confidence in reaching this year's growth target for foreign trade, although the outlook for exports in the second half is not optimistic.
Gao said that in addition to implementing the measures announced by the State Council, the ministry would support new ways of conducting foreign trade that hold vast potential, including cross-border e-commerce.
Source: China Daily
Time: 2013-08-05