China unveils special initiatives plan to raise consumption

China has unveiled a special initiatives plan to raise consumption, aiming to turn domestic demand the main engine and anchor of growth. The plan aims at vigorously boosting consumption, stimulating domestic demand and raising spending power by hiking earnings and reducing financial burden. It addresses income growth, service consumption quality enhancement and upgrading big-ticket consumption.

Mar 18, 2025 - 10:12
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China unveils special initiatives plan to raise consumption
China has unveiled a special initiatives plan to raise consumption, aiming to turn domestic demand the main engine and anchor of growth. The plan aims at vigorously boosting consumption, stimulating domestic demand and raising spending power by hiking earnings and reducing financial burden. It addresses income growth, service consumption quality enhancement and upgrading big-ticket consumption.