China to build more regional commodity trading centers

BEIJING - China plans to build more regional commodity trading centers in order to boost domestic consumption, according to a government plan released Wednesday.

The State Council, or China's cabinet, said more trading centers should be planned in regional transportation hubs and large cities to boost regional commerce.

Relevant departments and enterprises are encouraged to develop e-commerce through telephone and TV promotions, the plan says.

Local authorities should build more low-price community grocery stores and farm produce wholesale markets to meet demand, the plan says.