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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

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