Number of measures to expand domestic demand to help clear PCB to a new level
Recently, the expansion of domestic demand was finally clear, this year the Ministry of Commerce will take a number of complementary policy measures to push for expanded domestic demand and promoting consumption of five major tasks, including the expansion of hot consumption, expand rural consumption, expansion of service consumption, the expansion cycle consumption, and expansion of credit consumption.
Expansion of hot consumption, the main focus of these two cars and household appliances to foster consumption hot spots. This year the Ministry of Commerce to continue to implement the policy of the countryside home appliances, auto policy of the countryside, car trade-in policies, home appliance trade-in policies and small-displacement purchase tax levied by 7.5%.
In expanding the rural consumption, the Ministry of Commerce will continue to implement the "Ten Thousand Villages" policy, this year to build hundreds of thousands of farm shops, construction, 1500-2000 distribution centers, delivery rate of 50%. The Ministry of Commerce will promote the circulation pattern of green low-carbon development and expansion cycle of consumption. Actively promote the construction of recycling system of renewable resources to build a regional distribution market, to develop second-hand market. In addition, a sound financial guarantees and credit insurance mechanism to expand credit consumption is also one of the focus of this year. The Ministry of Commerce will support small and medium business enterprise credit insurance and financing guarantees, ways to improve and perfect the mechanism, prevention and risk-sharing, focusing on expanding the size of credit consumption and promote the development of credit consumption. In 2009 the government introduced a series of policy measures to promote consumption of stimulating effects of China's remarkable economic recovery. 2009 consumer-driven GDP reached 4.6 percent, the contribution rate of 52.5%, compared with 2008 increased 6.8 percentage points. The PCB industry by the government's series of economic stimulus package to get out of financial crisis, quickly warmed to the industry laid the foundation for stability. A new round of expansion of domestic demand programs, once again highlighted the two pairs of cars and household appliances that demand the most robust PCB industry, PCB industry, which is bound to inject new momentum in.
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