County-level economies to coast on new paradigm By ZHONG NAN | China Daily | Updated: 2021-07-22 09:18 Share SHI YU/CHINA DAILY
Industry experts on Wednesday took stock of the implications of a recent policy document that called for bolstering county-level markets and said the dual-circulation development pattern can help stimulate rural consumption in China.
Around mid-June, central government departments like the Ministry of Commerce and the Ministry of Agriculture and Rural Affairs released a joint policy document.
Under the new policy measures, the government will deploy more resources in building a modern rural circulation system during the 14th Five-Year Plan period (2021-25), upgrading informatization services and related infrastructure, and pushing for the standardization of commercial goods.
Industry experts on Wednesday took stock of the implications of a recent policy document that called for bolstering county-level markets and said the dual-circulation development pattern can help stimulate rural consumption in China.
Around mid-June, central government departments like the Ministry of Commerce and the Ministry of Agriculture and Rural Affairs released a joint policy document.
Under the new policy measures, the government will deploy more resources in building a modern rural circulation system during the 14th Five-Year Plan period (2021-25), upgrading informatization services and related infrastructure, and pushing for the standardization of commercial goods.
Experts said relatively new forms of business like e-commerce, internet-based services and digitalized operations for marketing farm produce can inject fresh vitality into local economies at the county level under China s dual-circulation development pattern.
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