Eight Measures To Promote Consumption

Premier Wen Jiabao chaired a State Council executive meeting on 9 April to improve and promote

The meeting pointed out that China's economic development will face many difficulties and challenges next year. In order to achieve steady and rapid economic development, we need to continue to expand domestic demand, especially to enhance consumption's role in stimulating economic growth.

The general principle is that policies to promote consumption must be further strengthened, and most of the existing policies should continue to be implemented. At the same time, in order to further strengthen consumption support for farmers and needy people, we should make necessary adjustments and improvements to some policies according to the requirements of economic restructuring and environmental protection.

(1) continue to implement the policy of home appliances to the countryside.

Substantially raise the ceiling price of home appliances in rural areas, and further improve household appliances in the countryside.

(two) driving the car to the countryside

(three) after the end of May of the end of next year, the household appliances will continue to implement this policy and implement it in areas with dismantling capacity and other conditions.

(four) continue to implement the subsidy policy for the purchase of agricultural machinery and equipment, and appropriately increase the scale of subsidy funds.

(five) continue to implement the project of saving energy for energy-saving products, increase the promotion of high-efficiency lighting products, expand the pilot cities of energy saving and new energy vehicle demonstration from 13 to 20, and select 5 cities to subsidize private purchase of energy saving and new energy vehicles.

(six) the policy of reducing the purchase tax for small passenger cars with a reduction of 1.6 liters and below is extended until the end of 2010, with a reduction of 7.5%.

The standard of allowance for bicycles is increased to 5000 yuan to 18 thousand yuan.

(seven) the time limit for the exemption and exemption of personal housing pfer business tax has been restored from 2 years to 5 years, and other housing consumption policies continue to be implemented.

(eight) it will extend the implementation period of supporting social insurance premiums, reducing part of the premium rates, providing related subsidies and reemployment tax incentives for reemployment of unemployed persons and the social insurance subsidy policy for flexible employees for 1 years.