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CN NDRC Encourages Expanding Domestic Demand in All Aspects, Launching Special Actions to Boost Consumption
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Zheng Shanjie, Secretary of the Party Committee and Chairman of the National Development and Reform Commission (NDRC), published an article in the People's Daily. The article emphasized expanding domestic demand in all aspects, calling for accelerating the promotion of "Two Key" constructions from top to bottom to better coordinate "hard investment" and "soft construction", improve investment fields, raise project support ratios, and strengthen supporting financing such as ultra-long-term loans. Meanwhile, efforts will be intensified to carry out the "Two New" (equipment renewal and trade-in of consumer goods) work with an aim to further expand the scope and intensity of support and fortify full-chain management of projects and funds. The article also mentioned that implementing special actions to boost consumption will start with lifting income and lowering burdens, enriching supply, reducing restrictions, and optimizing the environment. The expansion, quality improvement, and efficiency enhancement of consumption will be promoted by closely combining consumption promotion with improving people's livelihood. AAStocks Financial News |
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