China says it will take more measures to boost domestic consumption

October 14, 2016 6:59 AM EDT

Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here.

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






Related Categories

Reuters

Add Your Comment