The National Development Council (NDRC), China's top economic agency, unveiled its plan for next year, outlining plans to utilize various public investment mechanisms to strengthen investment, stimulate private investment, boost consumption, and further expand the country's opening up to a higher standard.
Beijing, December 13 (Xinhua) – National Development and Reform Commission (NDRC) China's top economic planning agency said on Saturday that... Several measures will be implemented to stabilize investment growth in the coming year.
The NDRC stated at the meeting that these measures would include utilizing various types of government investment funds, increasing the size of central budget investments at a moderate level, and continuously using new policy-based financial instruments.
“Next year, the NDRC will work to stimulate private investment, improve the implementation of consumer goods trade-in programs, promote service consumption, create new growth drivers, and expand openness to higher standards.”
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