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China urges insurance policies to succor catering, retail sectors

© Reuters. FILE PHOTO: The national flag of China flutters in the motivate of a fence of the headquarters of the National Model and Reform Commission (NDRC) in Beijing, on this image taken July 12, 2013. REUTERS/Kim Kyung-Hoon

BEIJING (Reuters) – China’s deliver planner known as on Tuesday for the implementation of insurance policies to succor the country’s catering and retail sectors.

Spending on unique energy autos (NEVs) could per chance per chance quiet furthermore be supported, said Meng Wei, spokeswoman for the National Model and Reform Commission (NDRC).

Recordsdata on Monday showed March retail sales shriveled the most on an annual foundation since April 2020 attributable to licensed COVID-19 curbs across the country.

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