China looks to prop up consumer spending in key areas such as e-commerce, car industry

China's consumer spending was down 4 per cent in 2020. - AFP

BEIJING (The Straits Times/ANN): China's top economic planning agency said on Monday (March 8) it was looking to drive domestic consumption through several key areas, including e-commerce and the automotive industry.

Speaking on the sidelines of China's annual parliamentary season, officials at the National Development and Reform Commission (NDRC) said they are planning to create a more dynamic economy with an increased focus on technological spending.