Focus on Arts and Ecology

August 25, 2023 

China has issued a series of plans to promote growth in key industries and provide evidence of the country’s commitment to stabilizing the economy.

The biggest beneficiary is the non-ferrous metals industry, which supplies national defense and strategic emerging sectors. The plan targets 5.5 percent output growth this year and even more in 2024. The building materials and steel industries will aim at 3.5 percent growth in 2023 and around 4 percent in 2024.

China’s transportation sector is continuing its recovery. As CGTN’s You Yang reports, summer travel rebounded from last year, and so did freight and cargo shipments. The Transport Ministry is also providing help to regions affected by recent flooding and heavy rains.

(Sources: China Report)