LINE

Text:AAAPrint
Economy

China to expand domestic demand: report

2023-03-05 13:53:03Xinhua Editor : Mo Honge ECNS App Download
Special: Two Sessions 2023

China will expand domestic demand this year, according to a government work report submitted Sunday to the national legislature for deliberation.

Priority will be given to the recovery and expansion of consumption, and incomes of urban and rural residents will be boosted through multiple channels, said the report.

Government investment and policy incentives should effectively drive investment, it said, adding that more private capital should be encouraged and attracted into major state projects and projects aimed at addressing areas of weakness.

It is proposed that 3.8 trillion yuan be allocated for special-purpose bonds for local governments this year, the report said.

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

LINE
Back to top About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2023 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.
[网上传播视听节目许可证(0106168)] [京ICP证040655号]
[京公网安备 11010202009201号] [京ICP备05004340号-1]