China is set to roll out a series of its “13th Five Year” industry planning policies in succession, reported the Economic Information Daily, a paper affiliated with the Xinhua News agency.
To boost the nation’s sluggish manufacturing industry, the State Council has launched a tide of new polices recently as its economic growth in the first quarter of the year slowed to 6.7%, the slowest pace since 2009.
Personal Spending Jumps More than Income in March
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Disposable (after tax) income rose 0.5 percent in March. Real (inflation
adjusted) income rose 0.2 percent. The rise in spending outpaced the rise
in income.
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