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Over the past two days, China's top leadership gathered in Beijing to review this year's economic performance and set out tasks for next year. During the much-anticipated annual Central Economic Work Conference, Chinese President Xi Jinping announced vigorous efforts to boost consumption, improve investment efficiency, and expand domestic demand on all fronts. He called for more proactive and impactful macro policies to sustain the upward trend of the economy. What's the situation of China's domestic demand and consumption? How does it compare to other countries?
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Over the past two days, China's top leadership gathered in Beijing to review this year's economic performance and set out tasks for next year. During the much-anticipated annual Central Economic Work Conference, Chinese President Xi Jinping announced vigorous efforts to boost consumption, improve investment efficiency, and expand domestic demand on all fronts. He called for more proactive and impactful macro policies to sustain the upward trend of the economy. What's the situation of China's domestic demand and consumption? How does it compare to other countries?
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