Chinese government is said to be considering a slew of new measures to boost spending on automobiles, home appliances and consumers electronics such as mobile phones, in a bid to revive the slowing economic growth, despite the latest upbeat economic data.
The National Development and Reform Commission (NDRC), the country's top economic planner, has sent a draft plan on measures to boost spending on cars, home appliances and consumer electronics to other government departments and agencies to solicit opinions . . .
To continue reading, please subscribe. You will get
- Original and in-depth reporting on China's economy and financial markets
- Details, data and perspectives you don't read elsewhere
- THE WIRE - a Real-Time News platform that delivers everything important about China's economy, companies, stocks, bonds, commodities and the yuan.
- Daily Brief newsletters to get you prepared for every trading day
We highly value independence. We are solely funded by subscriptions from thousands of readers like you.
Already have an account? Sign In