China announces some measures to bolster use of consumer goods and services

  • As announced by the Chinese commerce ministry

There is a total of 11 measures set out by Chinese authorities, in trying to boost consumption of household consumer goods and services. The measures will include encouraging companies to develop online platforms for the provision of such services, a promotion for household consumer goods, and increasing credit support for goods consumption.

It's not a direct injection of support but it is still some form of aid to try and bolster domestic demand conditions at least.

China

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