China plans to introduce more policies this year to boost spending on items such as automobiles and home appliances, as part of wider efforts to strenghten domestic consumption in the world's second largest economy, said a senior state planning official on Tuesday.
Ning Jizhe, vice chairman of National Development and Reform Commission (NDRC), the country’s top economic planner, said in an interview with state television CCTV that building a strong domestic consumption market is important in maintaining China’s economic growth within a reasonable range.
The NDRC will take measures to boost spending on automobiles, home appliance and . . .
To continue reading, please subscribe:
We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you.
Not satisfied with general information that you can get everywhere? Join us now! We go deeper to bring you details, data and perspectives you won't read elsewhere!
What you'll get:
- In-depth & data-driven reporting on China's economy and financial markets
- Daily Brief newsletter delivered before market open every weekday. You don't have to spend time to source information about this market. We do it for you! You only need to spend 10 minutes every day to read our newsletter!
- Exclusive interviews with China experts. We find you insights you should never miss!
- Conference calls and events. Nothing is better than talking to newsmakers, experts and reporters directly, right?
Already have an account? Sign In