Source: CCTV.com

02-04-2009 10:21

China is planning to revitalize industries which are losing momentum. On Wednesday, a draft plan on revitalizing the country's textile industry and equipment manufacturing industry will be brought to the State Council for consideration.

China is planning to revitalize industries which are losing  momentum.

Industry restructuring and technological innovation are encouraged in the plan. Reports say the draft also asks the central government to establish a special fund to upgrade the industries. More measures are suggested to help small and medium sized enterprises with application for bank loans.

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Editor:Qin Yongjing