Consumption conundrum
Subscribe to keep reading.
Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.
Already a subscriber? Log in.
Top leaders have marked 2023 as the year to kickstart China’s transition from investment-based to consumption-led growth.
The macro planner (NDRC), the Ministry of Commerce, Premier Li Qiang, and Xi Jinping have all underscored the need to boost consumption this year.
But policymakers face a two-f...