China to focus on domestic economy

Governments at all levels should work to make sure the services sector can return to normal operations to encourage consumption, and also push for faster construction of investment projects, Xinhua News Agency reported, citing a politburo meeting chaired by President Xi Jinping.(pic)

BEIJING: China’s top leaders pledged to expand domestic demand to boost public consumption and investment as they see “greater difficulties” ahead with the pandemic threatening the global economy.

Governments at all levels should work to make sure the services sector can return to normal operations to encourage consumption, and also push for faster construction of investment projects, Xinhua News Agency reported, citing a politburo meeting chaired by President Xi Jinping.