Two new models of the Fuxing high-speed train are parked at China State Railway Group Co's branch in Xi'an, Shaanxi province, on Dec 15. The trains will operate on the Yinchuan-Xi'an High-Speed Railway, which is scheduled to open on Dec 26. - China Daily
BEIJING (China Daily/ANN): Beijing is likely to prioritiSe boosting domestic demand and cementing the acceleration in consumer spending as it sets out the major economic tasks for 2021, officials and experts forecast on Tuesday (Dec 15).
Unlike the stimulus measures targeted at the property market in some previous economic cycles, the upcoming demand-side reform is supposed to roll out long-term mechanisms to expand the middle-income population, they said before a key economic meeting set to chart the course for next year.
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