China Unveils Measures to Strengthen Growth of Consumer Businesses

China Unveils Measures to Strengthen Growth of Consumer Businesses
Image by David Peterson from Pixabay

China issued more measures to bolster economic growth, including a plan to boost consumer industries and steps to grow an exchange dedicated to helping small firms get access to funds.

The government wants to accelerate growth in the so-called light industry which covers items from home goods, food and paper-making to plastic products, leather and battery, according to a plan published Friday by three agencies including the Ministry of Industry and Information Technology.

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