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, according to policy watchers close to the NDRC.
The news was first reported by the several Chinese media including The . . .
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