China unveils plan to boost economy

China will take several measures to maintain the recovery trend of the industrial economy. According to China’s Ministry of Industry and Information Technology (MIIT), National Development and Reform Commission (NDRC) and State-owned Enterprise Supervision and Administration Commission (SASAC), specific measures will be taken for industries, regions and organizations to ensure the good development of major industries.

In addition, it is important to ensure sufficient energy and raw material supplies to stabilize the operation of key industries and supply chains.

China intends to make efforts to solve the major problems of its industrial economy. These include accelerating the construction of key projects to increase physical profits, penetrating potential markets to increase consumer demand, stabilizing exports of industrial products, and improving the flexibility and stability of industries and supply chains.

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