Thu, February 26, 2009
Business > Industries > China unveils stimulus package

China announces stimulus plans for nonferrous metals,logistics

2009-02-25 10:28:31 GMT2009-02-25 18:28:31 (Beijing Time)  Xinhua English

BEIJING, Feb. 25 (Xinhua) -- China's State Council announced Wednesday support plans for the country's nonferrous metals and logistics sectors to stimulate the economy.

China has so far unveiled stimulus packages for 10 industries since last month. Previous support packages are dedicated to sectors of auto, steel, shipbuilding, textile, machinery manufacturing, electronics and information industries, the light industry, and the petrochemical sector.

BEIJING, Feb. 23 (Xinhua) -- As the global downturn continues to take its toll on China's economy, responses to the turmoil will be high on the agenda of lawmakers and political advisors who are scheduled to gather here early next month for their annual full sessions.

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