BEIJING, May 24 (Xinhua) - China is compiling a series of new policies to accelerate consumption upgrades this year, the Xinhua-run Shanghai Securities News reported on Thursday.
According to the report, the Ministry of Commerce (MOC) planned to introduce relevant work initiatives in multiple fields this year, including the construction of convenience service life circles, the expansion of high- and mid-end goods imports, promoting green cycle consumption, piloting supply chain innovation and applications, upgrading high-grade walking streets, etc..
(Edited by Yang Yifan, yangyifan@xinhua.org)