Stock Groups

China urges policies to support catering, retail sectors -Breaking

[ad_1]

© Reuters. FILE PHOTO – The Chinese national flag is seen behind the fence at Beijing’s headquarters of National Development and Reform Commission (NDRC). This picture was taken on July 12, 2013. REUTERS/Kim Kyung-Hoon

BEIJING, (Reuters) – China’s State Planner called Tuesday on the government to implement policies that support its catering and retail sector.

Meng Wei spokeswoman for National Development and Reform Commission (NDRC) said that it is important to support spending on renewable energy vehicles (NEVs).

According to data released Monday, March retail sales saw a decline of 5% annually since April 2020.

[ad_2]