China's economic transition is gaining momentum as initiatives to boost consumption and drive innovation take center stage, ...
China should step up support for its burgeoning services sector to boost consumption, which top leaders made a priority this ...
China has announced a wide-ranging “special action plan” to promote domestic spending, in an effort to counter the economic impact of tariffs imposed by US President Donald Trump.
BEIJING: A new plan to expand consumer spending unveiled on Sunday is expected to encourage consumption and drive economic growth in China. The country has maintained its position as the world's secon ...
Consumption is critical to transitioning China from the old model driven by investment and infrastructure to a new economy ...
India’s consumption landscape has undergone a significant transformation over the last two decades, influenced by shifts in income distribution, economic shocks and changes in spending behaviour.
The Second Advance Estimates (SAE) released by the National Statistics Office (NSO) project a steady 6.5 per cent growth for 2024-25. The latest quarterly data further underscores this strength, with ...
This comprehensive policy package introduces far-reaching measures to refine institutional mechanisms for consumption ...
With more GenZs than the entire population of the United States, their spending power will be a defining factor in shaping ...
This tends to drag down consumption, which is an important component of economic growth. Last week, NBS said China’s Consumer Price Index (CPI), a benchmark for measuring inflation, fell by 0.7% ...
Following remarks from Saurabh Mukherjea, Congress highlights real income stagnation, credit-driven consumption boom, and ...