China's NDRC says it is drafting a plan to implement its domestic demand strategy
In short
Zuo Gang (左刚), a deputy head of the National Development and Reform Commission's national economy comprehensive department, said on 20 October that the commission is drawing up an implementation plan for the strategy to expand domestic demand. He said it will speed up issuing and implementing the plan.
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Zuo Gang (左刚), a deputy head of the National Development and Reform Commission's national economy comprehensive department, said on 20 October at a news conference that the commission is researching and drafting an implementation plan for the strategy to expand domestic demand. He said the commission will speed up promoting its issuance and implementation. [ 1 , 2 , 3 , 4 ]
He added that the commission will next work with relevant departments to expand domestic demand with greater effort and more concrete measures. Reports from 36Kr and Jiemian credit Xinhua Finance. The documents do not describe the plan's content or give a date for its release. [ 1 , 2 , 4 ]
Why it matters
The remarks signal that a plan to put the domestic demand strategy into practice is still being drafted. The documents give no details of its content or timing.
Key facts
- Zuo Gang (左刚), deputy head of the National Development and Reform Commission's national economy comprehensive department, spoke at a news conference on 20 October. [ 1 , 2 , 4 ]
- He said the commission is researching and drafting an implementation plan for the strategy to expand domestic demand. [ 1 , 2 , 3 , 4 ]
- He said the commission will speed up promoting the plan's issuance and implementation. [ 1 , 2 , 4 ]
- He said the commission will work with relevant departments to expand domestic demand with greater effort and more concrete measures. [ 1 , 2 , 4 ]
Confirmed by several sources
Still unclear
- What the implementation plan contains and when it will be issued The documents say only that it is being drafted and that issuance will be accelerated, with no content or date.