"Comprehensively expanding demand" is the primary task of economic work this year, with a focus on boosting Consumer spending as an important aspect of many current policies. On January 3, the State Council Information Office held a series of press conferences on "The Achievements of High-Quality Development in China's Economy." At the meeting, Yuan Da, deputy secretary-general of the National Development and Reform Commission, revealed that this year there will be a substantial increase in the scale of ultra-long special government bonds, and new subsidies for the purchase of digital products such as mobile phones will be implemented. (Securities Times)
年内扩内需政策思路明晰 “两新”补贴扩围至数码产品
The policy ideas for expanding domestic demand this year are clear, with "two new" subsidies extended to digital products.
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