China state planner widens scope of industries on ‘encouraged’ list

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China state planner widens scope of industries on ‘encouraged’ list

BEIJING (Reuters) – China’s powerful state planner expanded on Wednesday the list of industries it encourages, to include areas such as human resources , , elderly care, childcare and housekeeping.

Small mines were added to the list of obsolete industries, the National Development and Reform Commission (NDRC) said in a statement.

The NDRC last adjusted its lists of industries that are encouraged, restricted and obsolete in 2013.

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Source: Investing.com

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