Chinadaily.com.cn
     
    Go Adv Search
    Program to help spur spending in domestic sector

    Program to help spur spending in domestic sector

    Updated: 2012-04-03 03:07

    By Gao Yuan (China Daily)

      Comments() Print Mail Large Medium  Small 分享按鈕 0

    Month-long stimulus project launched by Commerce Ministry

    A month-long consumption stimulus program was launched by the Ministry of Commerce on Monday in a bid to boost domestic demand and offset the impact of declining exports.

    Stimulating domestic consumption is a long-term goal and is the most important task for the ministry this year, according to Fang Aiqing, assistant commerce minister.

    More than 80,000 commercial enterprises nationally are set to join the program. City malls and restaurants are also poised to boost consumer demand, a statement released by the ministry said. The program will end on May 4, three days after Labor Day.

    China is looking to boost domestic consumption to power the economy and offset declining export demand.

    "The global economic situation remains unclear, so domestic consumption should play a more important role in powering the economy," said Jiang Zengwei, vice-minister of commerce.

    Statistics from the General Administration of Customs showed that exports declined by 0.5 percent over the year to January, the first fall in more than two years. From January to February, exports to the European Union, China's largest trading partner, dropped by 1.1 percent from a year earlier.

    This is the first month-long consumption stimulus program. But according to a joint statement released by the ministries of commerce, finance and the People's Bank of China in October, similar programs will be launched over the coming years.

    A draft plan for economic and social development, proposed at the annual parliamentary session in early March, envisions "vigorously expanding" domestic demand while maintaining steady and robust economic development.

    "Enlarging domestic demand is the priority for China's economic structural readjustment," said Vice-Premier Li Keqiang at the opening ceremony of the Boao Forum for Asia Annual Conference 2012.

    China and other Asian economies should promote internal engines of growth and stay open and inclusive to achieve sound and sustainable development, Li said.

    "The consumption stimulus was aimed at potential customers and developing demand," explained Fang from the Commerce Ministry.

    The government is also likely to implement policies this year to make Internet purchasing easier and providing better access to healthcare services, he added.

    Although officials from the ministry did not give details on how much the project could help boost the retail market, the ministry's earlier estimates showed that retail sales in China are expected to grow by 15 percent year-on-year in the first quarter.

    The total volume of retail sales of social consumables amounted to 3.4 trillion yuan ($540 billion) in the first two months of this year, up 14.7 percent year-on-year. But the figure was 1.1 percentage points lower than the same period last year, data released by the ministry showed.

    一本之道高清无码视频| 亚欧免费无码aⅴ在线观看| 无码精品人妻一区二区三区漫画 | 日韩乱码人妻无码中文字幕| 欧美中文在线视频| 亚洲午夜无码片在线观看影院猛 | 亚洲中文字幕无码一区| 亚洲AV中文无码字幕色三| 成人午夜福利免费专区无码| 最新高清无码专区| 我的小后妈中文翻译| 亚洲中文精品久久久久久不卡| 精品无码国产自产拍在线观看| 老子午夜精品无码| 中文字幕亚洲无线码| 国产乱码精品一区二区三区中文 | 日韩少妇无码一区二区三区 | 久久久精品人妻无码专区不卡 | 日韩欧国产精品一区综合无码| 亚洲精品无码高潮喷水在线| 天堂а√在线地址中文在线| 亚洲中文久久精品无码ww16| 婷婷色中文字幕综合在线| 亚洲一区二区无码偷拍| 亚洲爆乳精品无码一区二区| 久久无码国产| 无码精品第一页| 亚洲人成无码网WWW| 久久受www免费人成_看片中文| 亚洲?v无码国产在丝袜线观看| 国产真人无码作爱免费视频| 岛国av无码免费无禁网| AAA级久久久精品无码区| 久久久久亚洲AV无码专区网站| 播放亚洲男人永久无码天堂| av一区二区人妻无码| 久久久久成人精品无码| AV无码精品一区二区三区| 无码毛片一区二区三区中文字幕| 无码欧精品亚洲日韩一区夜夜嗨| 色欲香天天综合网无码|