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Economy

China mulls 20 measures to boost consumption

1
2019-08-27 18:15:50Xinhua Editor : Li Yan ECNS App Download

China will ease restrictions on car purchases to support auto sales as part of its policy package announced Tuesday to boost the country's consumption.

Regions with limits on vehicle purchases should roll out measures to relax or lift the restrictions and support the purchase of new energy vehicles, according to a guideline issued by the State Council.

The guideline outlined 20 measures to support consumption, including applying new technologies to promote the circulation of products, improving infrastructure of commercial streets and accelerating the development of chain convenience stores.

The guideline aims to tap China's consumption potential and better meet the demand of Chinese consumers, the State Council said in a statement.

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