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China issues measures to boost consumption of auto, electronics items

China issues measures to boost consumption of auto, electronics items

FILE PHOTO-People enter the SEG E-Market at Huaqiangbei electronics market in Shenzhen, Guangdong province, China June 8, 2023. REUTERS/David Kirton/File Photo

21 Jul 2023 10:31AM

BEIJING : Beijing authorities on Friday unveiled measures to boost consumption of auto and electronics items as part of a broader drive to shore up China's faltering economy.

In two separate statements issued an hour ahead of a press conference in Beijing, the country's economic planner and other government departments detailed a raft of measures to prop up spending on auto and electronics products.

Source: Reuters

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