(Beijing Comprehensive News) China's economic growth is slow. The Chinese government has decided to introduce a number of policies, including increasing support for private enterprises and promoting home consumption to revitalize the economy.

According to Reuters and Xinhua News Agency, the State Council of the State Council issued a guidelines for promoting the development of the private economy on Wednesday (July 19).Faith and promote economic development.

Earlier, an official of the Chinese Ministry of Commerce said that China's foreign trade situation was extremely severe in the second half of the year.China ’s exports in June have a biggest decline in three years, and the uncertainty of the global economy has enabled the Chinese government to adopt new stimulus measures to revise corporate confidence and promote sustainable economic development.

According to Xinhua News Agency, China will encourage some private enterprises to issue scientific and technological innovation bonds and support eligible enterprises to list and refinanize.

The official website of the Ministry of Commerce of China said that 13 departments including the Ministry of Commerce jointly issued a notice of several measures on promoting home consumption on Tuesday (July 18), andThe four aspects of the environment propose 11 policy measures.

The notification clearly clearly encourages financial institutions to strengthen credit support for home consumption under the premise of compliance and risk controlling risks in accordance with laws.Provide financing support for operators and supply chain upstream and downstream enterprises.

According to CCTV reports, Sheng Qiuping, deputy minister of the Ministry of Commerce, said at a routine blower of the State Council's policy on Tuesday that in the first half of this year, affected by multiple factors, home appliances, furniture, home improvement and other home consumption performance was relatively weak;The retail sales of units and furniture increased by only 1.0%and 3.8%year -on -year, and the retail sales of building materials decreased by 6.7%year -on -year.

Sheng Qiuping said that home consumption involves many fields, long upstream and downstream chains, and large scale. Take targeted measures to boost, which is conducive to driving residents' consumption growth and economic recovery.