China's NDRC Deputy Head says China plans key high-tech projects from its 15th five-year plan to study and implement 2026-30 domestic demand expansion strategy plan
Importance
Level 1
- Can address bottlenecks through innovation.
- China is studying the establishment of a national-level M&A fund to accelerate the development of "new quality productive forces".
- Will crack down on "disorderly" low-price competition and tighten price supervision in key industries.
- The government will refine local investment attraction rules and promote a market order centred on quality and branding.
- China is to standardise nationwide subsidies for auto scrappage, trade-ins and appliance upgrades.
- CPI and PPI show a broad rebound, and prices signal a recovery.
- China will implement a more proactive fiscal policy and a moderately loose monetary policy, prioritising price recovery as a core objective.
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