The direction of the stimulus is now gaining more focus. The State Council, the central government's cabinet, has revealed a number of new sectors it intends to support include light industry, petrochemicals, electronics and information technology.  The plans include the promotion of technological development and upgrades in all those sectors, along with tax incentives and credit support.

Ni hao, you're listening to  People In the Know, your window into the world around you, online at crienglish.com here on China Radio International.  In this edition of the show we're discussing the new sectors set to benefit from China's economic stimulus program.  So let's get started.

(Music)

First we'll get a broader view of the State Council's latest announcements for stimulus.  Zhuang Jian is the Senior Economist with the Asian Development Bank's Resident Mission here in China.

(Dialogue with Zhuang)

And after a short break, we'll focus more on the electronics, telecom and IT sectors.

(Promo)

Ni hao, you're listening to  People In the Know, your window into the world around you, online at crienglish.com here on China Radio International.  I'm Paul James in Beijing.  In this edition of the show we're discussing the latest sectors the State Council is targeting to stimulate the overall economy, which now includes the light industry, petrochemical, electronics and information sectors.  For more on the latter, we're joined on the line now by Professor Zeng Jianqiu with the School of Economics and Management at the Beijing University of Posts and Telecommunications.

(Dialogue with Zeng)

And with that we wrap up this edition of  People In the Know, online at crienglish.com here on China Radio International. Questions or comments for us can be sent to people@cri.com.cn.  You can also leave us your thoughts on the crienglish website by clicking on Talk China, then finding the  People In the Know section.  For Executive Director Zhao Yang and Producers Chen Mo and Xu Yang, I'm Paul James in Beijing.  Enjoy the day.