Source: China – South China Morning PostChina has launched a 19-point plan to better align the supply of consumer goods with demand, as Beijing steps up its efforts to rebalance its economy towards a consumption-driven growth model.
A document outlining the plan issued by the Ministry of Industry and Information Technology and five other departments on Wednesday laid out goals that included the cultivation of three “trillion-yuan-level consumption sectors” and 10 “hundred-billion-yuan-level consumption hotspots” by 2027.
The…Read More