MNI POLICY: China to Boost Auto Consumptions, Online Services

     BEIJING (MNI) - China will reduce limits on car purchases, promote

replacement of old home appliances and electronics, and promote online services

to revive growth, said Meng Wei, the spokeswoman of the National Development and

Reform Commission at a briefing on Friday.

     Here are key points from Meng's briefing:

     - China will integrate service and manufacturing industries, promote the

development of high-end medical equipment such as surgical robots and remote

diagnosis, as well as encouraging internet-based education, health care, culture

and sports.

     - China will boost rural spending on ecommerce by improving logistical

infrastructure.

     - China will raise pig production with subsidies and policy support, expand

imports of pork, beef and mutton, as well as release pork reserves timely to

ensure stable meat supply and prices before the Chinese New Year at the end of

January.

     - China's recent move to lower the minimum capital requirement for some

infrastructure projects by up to 5% will help boost investment.

--MNI Beijing Bureau; +86 (10) 8532-5998; email: wanxia.lin@marketnews.com

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