BEIJING, 21st November, 2022 (WAM) --
China announced that it will roll out a slew of measures to sustain the
recovery momentum of the industrial economy, Chinese news agency, Xinhua,
reported on Monday.
Industry,
region and enterprise-specific measures will be adopted to secure the sound
development of key industries, boost coordinated regional development, and
inject vitality into industrial enterprises, per the document jointly issued by
the Ministry of Industry and Information Technology, the National Development
and Reform Commission, and the State-owned Assets Supervision and
Administration Commission of the State Council.
Efforts
will be made to tackle key issues facing the industrial economy, including
accelerating the construction of major projects to generate increased physical
gains, tapping into market potential to grow consumer demand, stabilising
exports of industrial products, improving the resilience and security of
industrial and supply chains, and fostering new growth drivers, the circular
said.
It
also stressed the importance of efforts to guarantee sufficient supplies of
energy and raw materials to maintain the stable operations of key industrial
and supply chains.