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China’s State Planner has released policies to boost consumption of electronics products | Forexlive

The National Development and Reform Commission of the People’s Republic of China (NDRC) is the state planner:

  • has released policies to boost the consumption of electronics products
  • also issues steps to boost automobile consumption
  • Encourages scientific research institutes and market entities to
    actively apply domestic ai technology to improve intelligence level
    of electronic products
  • to optimise management policy of automobile purchase restrictions
  • to encourage regions
    with purchase restrictions to issue annual car purchase targets as
    soon as possible
  • to increase annual
    car purchase quotas in accordance with local conditions
  • to support renewal
    and consumption of old vehicles