|
BIZCHINA> Top Biz News
![]() |
|
Vice premier: Tap consumption potential to sustain growth
(Xinhua)
Updated: 2008-12-03 11:27 Chinese Vice Premier Wang Qishan has called for more concrete measures to tap China's domestic consumption potential to sustain economic growth. External demand for Chinese goods has fallen markedly amid the global financial crisis, while domestic consumption power also fell, Wang told recent meetings on foreign and domestic trade.
China unveiled a 4 trillion yuan ($581 billion) stimulus package on November 9 to boost domestic demand. Economic growth slowed to 9 percent in the third quarter from 10.4 percent in the first half and 11.9 percent last year. Economic data for October and November showed further downside risks. The vice premier urged a reduction of burdens for businesses, help for them in getting finance and promotion of mergers and acquisitions. He also called for more measures to optimize the export structure and explore new markets to offset the negative impact on the export sector of the global economic slowdown. (For more biz stories, please visit Industries)
|
宜都市| 息烽县| 宁河县| 信丰县| 富蕴县| 上林县| 繁昌县| 广宁县| 西城区| 衡水市| 五台县| 沙田区| 攀枝花市| 孝义市| 运城市| 乌鲁木齐市| 新巴尔虎左旗| 城步| 肇源县| 永善县| 昌乐县| 革吉县| 巩留县| 海晏县| 左云县| 南宁市| 临夏市| 昆明市| 麟游县| 临沂市| 汽车| 陆河县| 林口县| 富民县| 沁源县| 洮南市| 黄骅市| 霸州市| 南投县| 田阳县| 姜堰市|