China says it will take more measures to boost domestic consumption
BEIJING (Reuters) - China will take more measures to boost domestic consumption, the county's cabinet said on Friday.
The government is seeking to lift consumption with measures such as expanding the number of ports at which passengers on international cruises can enter China visa-free for 15 days.
It will also allow parallel import of cars in more cities or provinces, the state council said in a statement on its website.
(Reporting by Beijing Monitoring Desk; Editing by Richard Borsuk)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Explainer-Where are Wall Street's analyst notes on Trump's Truth Social?
- Morning Bid: Meta plunges, mega mining merger revealed
- Chemicals maker Dow beats quarterly profit estimates
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!