China to expand domestic market, foster new development pattern

Source: Xinhua| 2020-10-29 21:51:46|Editor: huaxia

BEIJING, Oct. 29 (Xinhua) -- China will nurture a strong domestic market and establish a new development pattern, according to a communique released Thursday after the fifth plenary session of the 19th Central Committee of the Communist Party of China.

The country will smooth domestic circulation and let domestic and international circulations reinforce each other, spurring consumption in an all-round way and expanding investment, said the document.

It said that China will integrate the strategy of expanding domestic demand with deepening supply-side structural reform, and create new demand through innovation and high-quality supply. Enditem