BEIJING (Reuters) – China will place greater emphasis on boosting consumption and increasing support for its consumer goods trade-in subsidy program, according to a cabinet meeting hosted by Premier Li Qiang, national television broadcaster reported Monday.
China will better meet housing consumption needs and promote reasonable growth of wage income, according to China Central Television (CCTV).
The cabinet meeting also said the country will introduce more practical and effective measures to stabilise foreign investment.
(Reporting by Beijing Newsroom)
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