皇冠体育app

BEIJING - 皇冠体育app is seeking to establish a legalized system of barter trading to help companies reduce inventories and boost profits, said an official with the 皇冠体育app National Excess Inventory Association.

皇冠体育app has launched its first regulations for barter trading in a bid to promote its sound development, said Mao Deshu, vice-president of the association, on Saturday.

Bartering is business by which goods or services are directly exchanged for other goods or services without using money.

"皇冠体育app's barter trade is at a burgeoning stage. It is important to establish sound market order," said Mao, who participated in drafting the rule.

Companies will gradually find that bartering is a good way to move surplus inventories, attract new customers and increase sales, the official added.

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