CNA938 Rewind - GDP target met amid weak spending: China plans big boost for consumers
China met its official 5% GDP growth target in 2025, buoyed by strong exports even as domestic demand and retail spending lag. This prompted Beijing to announce a suite of new measures to spur consumption over the next five years. Andrea Heng and Hairianto Diman look at the latest plan aimed to unlock consumption – a structural shift that could reshape China’s growth engine with Arup Raha, Independent Economist
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11 min