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China to boost consumption

BEIJING: More measures will be taken to stimulate consumption and support foreign trade, according to an executive meeting of China’s State Council, or the Cabinet.

A document released after the meeting, chaired by Premier Wen Jiabao, said efforts should be made to improve the rural circulation network, increase varieties of commodities available in rural markets, improve urban community service facilities, promote upgraded durable goods, support development of circulation companies, stimulate consumption during holidays and step up supervision over product quality and safety.

In the fiscal 2009, the central government would increase its financial support for development of the rural circulation network and the service industry.— Xinhua

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