China will take steps to spur consumption - state media
Tweet
Share
E-mail
FILE PHOTO: People walk along Nanjing Pedestrian Road, a main shopping area, in Shanghai, China May 5, 2021. REUTERS/Aly Song/File Photo/File Photo
BEIJING (Reuters) - China will take steps to spur domestic consumption, including auto and home purchases, state media said on Wednesday, citing state plans.
China will also increase consumption in the areas of culture and tourism and will reduce the financial burden for families of raising children, parenting and education, state media said.
(Reporting by Beijing newsroom and Kevin Yao; Editing by Gareth Jones)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- South Korea President Lee looking to open new era of AI in with global tech companies
- Waymo explores ending Uber partnership, Financial Times reports
- Barclays sees upside risks to 2026 Brent price view given Strait of Hormuz impasse
Create E-mail Alert Related Categories
ETFs, 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!
