China to expand domestic demand
BEIJING -- China will expand domestic demand and integrate the strategy of expanding domestic demand with efforts to deepen supply-side structural reform, according to a government work report submitted Tuesday to the national legislature for deliberation.
China will promote steady growth in consumption spending, and launch policies to promote digital, environmentally-friendly, and health-related consumption. The country will also boost spending on intelligent connected new-energy vehicles, electronic products, and other big-ticket items, it said.
To improve the consumption environment, China will launch a year-long program to stimulate consumption, it said.
It also said that China will increase effective investment. This year, 700 billion yuan will be earmarked in the central government budget for investment.
- Chinese scientists achieve breakthrough in precise protein degradation
- Chinese researchers develop blink-powered eye-tracking device to help paralyzed patients control wheelchairs
- China's commercial crewed spacecraft test capsule completes land-buffering verification
- China's job market stable in 2025 with 5.2% surveyed urban unemployment rate
- Kyz Kuu (Kazakh equestrian)
- Atlas Silk
































