China will lower tariffs on imported consumer products and step up bank financing to support imports, vice commerce minister Wang Bingnan told reporters on Thursday. The decision is expected to boost imports from Southeast Asia. Exports to China from Indonesia and Malaysia grew more than 40 percent in the first half of the year; from Thailand and Singapore it was almost 30 percent, and more than 20 percent from the Philippines, according to Reuters calculations. China posted stronger-than-expected import growth in August, reinforcing views that the world’s second-largest economy is still expanding at a healthy pace despite tighter policy.