Chinese Authorities Pledge to Boost Consumer Spending
China News
August 1, 2023
In a recent announcement, Chinese authorities have emphasized their commitment to increasing consumption across various sectors, including electric cars and real estate. The National Development and Reform Commission (NDRC), China's top economic planner, unveiled a 20-point package aimed at bolstering consumer confidence. The package includes policy measures from various ministries, such as tech, culture and tourism.