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NDRC: China to introduce policies to strengthen domestic consumption – Xinhua

Ning Jizhe, Vice Chairman of National Development and Reform Commission (NDRC), said in an interview with CCTV late-Tuesday, the Chinese authorities are considering unveiling policies to boost domestic consumption this year, Xinhua reported.

Key Headlines:

Policies will be part of wider efforts to strengthen domestic consumption in China.

Will also introduce policies in house leasing and services, as well as elderly and child care, with plans to also lower investment barriers in other sectors such as culture and sports.

NDRC planned to move ahead with the second batch of major foreign-invested projects in the first quarter of 2019, which could include new energy ventures.

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