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CN NDRC Aims to Expand Domestic Demand, Remove Unreasonable Restrictions on Vehicle & Housing Consumption
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The Party Group of China's National Development and Reform Commission (NDRC) published an article emphasizing the implementation of the strategy to expand domestic demand, insist on domestic demand leadership, and build a strong domestic market to provide strong support for promoting Chinese-style modernization with high-quality development. The article called for improving systems and mechanisms to promote consumption, pushing for the removal of unreasonable restrictive measures on automobile and housing consumption, and establishing management methods that adapt to new consumption formats, models, and scenarios. Meanwhile, new policy-based financial tools and infrastructure sector real estate investment trusts, including inclusive loans, should be utilized to optimize investment subsidies and interest discount mechanisms, thereby stimulating investment vitality. AAStocks Financial News |
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