Efforts to domestic consumption
Source: Xinhua |
July 13, 2013, Saturday
|
Print Edition
Print Edition
CHINA is to speed up development in the energy-saving industry and promote consumption of IT-related products and services as it looks to spur domestic demand and push economic upgrading.
Stimulating growth in the two sectors is a multi-purpose approach aimed at easing resource restraints, unleashing consumption potential, stimulating effective investments and fostering emerging industries, according to a statement released after an executive meeting of the State Council presided over by Premier Li Keqiang yesterday.
The latest effort to boost domestic consumption comes as the world's second-largest economy is working to steady growth in the face of a global meltdown.
Official data showed an unexpected fall in both exports and imports in June, renewing concern over the challenges of stimulating growth amid sluggish demand elsewhere.
The meeting, an attempt to tap demand potential at home, called for the combined role of the government and the market to create a diversified and fair environment for the development of the two industries.
China will encourage and guide social capital, including private investments, to actively participate in the energy-saving sector, and promote the use of new-energy vehicles among government agencies and public transport to bring the market share of energy-saving products to over 50 percent by 2015, according to the statement.
The State Council vowed to promote the upgrading of energy-saving facilities, accelerate construction of major energy-saving projects, and channel more money from the central budget to support such projects.
Stimulating growth in the two sectors is a multi-purpose approach aimed at easing resource restraints, unleashing consumption potential, stimulating effective investments and fostering emerging industries, according to a statement released after an executive meeting of the State Council presided over by Premier Li Keqiang yesterday.
The latest effort to boost domestic consumption comes as the world's second-largest economy is working to steady growth in the face of a global meltdown.
Official data showed an unexpected fall in both exports and imports in June, renewing concern over the challenges of stimulating growth amid sluggish demand elsewhere.
The meeting, an attempt to tap demand potential at home, called for the combined role of the government and the market to create a diversified and fair environment for the development of the two industries.
China will encourage and guide social capital, including private investments, to actively participate in the energy-saving sector, and promote the use of new-energy vehicles among government agencies and public transport to bring the market share of energy-saving products to over 50 percent by 2015, according to the statement.
The State Council vowed to promote the upgrading of energy-saving facilities, accelerate construction of major energy-saving projects, and channel more money from the central budget to support such projects.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
