Consumption Policies Under Consideration - NDRC

Authorities are urgently drafting policy documents aimed at restoring and expanding consumption, according to the National Development and Reform Commission (NDRC). Consumption has made a steady recovery so far this year, however the government believes more policy support is needed to build sustainable momentum. The spokesperson said the proposals under consideration will focus on expanding bulk and service consumption, as well as boosting rural household expenditure. The electric automobile industry will benefit, with the NDRC planning to increase charging stations and parking facilities and promote models suitable for rural areas. (Source: 21st Century Herald).