China's Commerce and Finance ministries Wednesday specified how central government funds would be used to develop the rural distribution network and urban service sector, but neither ministry said how much would be spent.
Spending on the rural distribution network would mainly go to projects including village-level markets, agricultural product supermarkets and an improved distribution system for farm products, the ministries said in a joint statement.
Funds for the urban service industry would mainly be spent to develop recycling systems, improve urban community service facilities and second-hand vehicle markets and upgrade scrapped car recovery efforts.
In an effort to boost domestic consumption, the State Council, or the Cabinet, said on Dec. 24 that it would increase funding for rural distribution networks and urban service industries in fiscal 2009.
(Xinhua News Agency February 12, 2009)