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China to Pursue Consumption Stimulus, Promote Cars, Green Home Appliances: Yicai

CHINA PRESS
MNI (Singapore)

China is expected to stimulate growth by promoting the sales of green home appliances and new energy vehicles and increasing investment in high-tech and infrastructure that support decarbonization, Yicai.com reported citing analysts. Measures may include issuing vouchers and encouraging car sales in rural areas, the newspaper said. Boosting investment will be the key to preventing a slowdown, with infrastructure mainly focusing on supporting digital and green transform, as well as technology upgrade to ensure a stable supply chain, the newspaper said citing analysts.

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