|China to further boost domestic consumption in 2010: State Council|
BEIJING, Dec. 9 (Xinhua) -- China's State Council said Wednesday that the government will continue to tap into the domestic market for a stable and relatively rapid economic growth next year.
Policies to boost consumption will be further strengthened and most of the current policies will be continued, according to an executive meeting of the State Council, chaired by Premier Wen Jiabao.
China will continue to expand domestic consumption next year and especially to highlight consumption's role in boosting economic growth, as China's economy will still face many challenges next year, according to the meeting.
Policies to subsidize rural households to buy electric appliances will be continued next year and policies to subsidize rural households to buy automobiles will be prolonged to the end of next year. ......more