Vice-Premier Wang Yang (2nd L rear) attends a government teleconference in Beijing, capital of China, Aug 24, 2016. To adapt to new economic conditions, China should upgrade its domestic trade by promoting supply-side structural reform, Wang said on Aug 24 at the government teleconference. [Photo/Xinhua]
BEIJING — Vice-Premier Wang Yang called for more efforts to improve domestic trade to stimulate consumption.
To adapt to new economic conditions, China should upgrade its domestic trade by promoting supply-side structural reform, Wang said on Aug 24 at a government teleconference.
The government should improve its policymaking to meet changes in the consumption structure, Wang said, calling for adapting to consumers’ demand for quality products, automobiles, services, and green consumption.
Wang urged more efforts to improve market order, such as establishing a product traceability system, removing regional barriers and enhancing the consumption circumstance.
China should continue to improve e-commerce, trade infrastructure and related laws, Wang said.