China pledges greater reforms to chart course for sustainable growth

    Xinhua | Updated: 2021-03-07 11:36
    Share
    Share - WeChat
    Tourists visit an ancient town in Chongqing, June 26, 2020. [Photo/Xinhua]

    TAPPING CONSUMPTION POTENTIAL

    China will take expanding domestic demand as a strategic move and fully tap the potential of the domestic market, according to the report.

    The move is in line with the country's prolonged transition from an investment-driven growth model to one that depends more on domestic demand, which is considered more able to withstand external shocks.

    The reform on expanding domestic demand does not only mean short-term consumption stimulus, but improvements in mechanisms, including integrated urban-rural development and income distribution, analysts said.

    Liu Shangxi, head of the Chinese Academy of Fiscal Sciences and a national political advisor, said that both demand-side and supply-side reforms are needed to unleash the country's consumption potential.

    "It's not enough just to put more money into people's pockets to foster domestic demand. The demand is created only when there is something that people are willing to spend money on," he said.

    To that end, reforms must be carried out so that resources such as land, labor and data are allocated according to market principles, Liu said.

    He Lifeng, head of the country's top economic planning body, said that the country will take various measures to increase people's incomes, while at the same time creating more quality products on the supply side.

    |<< Previous 1 2 3 4 Next   >>|
    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    亚洲 日韩经典 中文字幕| 国产亚洲人成无码网在线观看 | 欧美日韩v中文字幕| 无码AV中文一区二区三区| 久久精品99无色码中文字幕| 亚洲国产精品无码久久青草| 久久国产精品无码一区二区三区| 中文字幕精品视频在线| 无码人妻精品中文字幕免费东京热| 少妇无码AV无码专区线| 一区二区三区无码视频免费福利| 久久最近最新中文字幕大全| 亚洲&#228;v永久无码精品天堂久久| 亚洲国产一二三精品无码| 久久久中文字幕日本| 久久久久中文字幕| 亚洲日韩乱码中文无码蜜桃臀网站| 天堂无码久久综合东京热| av无码专区| 国产精品99无码一区二区| 无码国产精品一区二区免费模式| A级毛片无码久久精品免费| 中文字幕精品久久| 亚洲欧洲中文日韩av乱码| 亚洲欧美中文字幕| 最近中文字幕在线| 中文字幕一区二区三区精彩视频| 美丽姑娘免费观看在线观看中文版| 人妻少妇精品无码专区动漫| 人妻系列无码专区久久五月天| 国产精品久久久久无码av| 精品无码人妻夜人多侵犯18| 免费无遮挡无码永久视频| 色综合久久久久无码专区| 久久久久久亚洲Av无码精品专口| 玖玖资源站无码专区| 国产成人无码久久久精品一| 精品一区二区无码AV| 亚洲av无码成人精品区| 亚洲欧美日韩中文播放| 2022中文字幕在线|