Ministry of Industry and Information Technology: A new round of work plan for stabilizing growth in ten key industries will be launched, with efforts to promote large-scale equipment upgrades and the replacement of old consumer goods

On January 21, the State Council Information Office held a series of press conferences on "The Achievements of High-Quality Development of China's Economy." A relevant official from the Ministry of Industry and Information Technology stated that the next step will focus on promoting the implementation and effectiveness of existing and incremental policies to facilitate the continuous and stable improvement of the industrial economy. A new round of work plans for stabilizing growth in ten key industries will be launched, fully releasing the effects of these industries, which have large scales, wide connections, and strong driving forces. Support for major industrial provinces and cities will be increased. In the next step, the Ministry of Industry and Information Technology will also strengthen efforts to promote large-scale equipment upgrades and the replacement of old consumer goods, planning to introduce a number of major investment projects with a focus on the 14th Five-Year Plan. (21 Finance)

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