household consumption

New Business

Chinese economist calls on Beijing to add consumption target to long-term goals

China should add a quantitative target for consumption growth as part of its long-term modernisation goals to help sustain growth…

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New Business

Opinion | Why China should stop worrying and embrace ‘Japanification’

As I discovered recently, a person’s first trip to Tokyo can be an interesting experience. Its high standard of living,…

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New Business

‘Eating into old savings’: can China’s 15th 5-year plan be a panacea for spending woes?

As China drafts its 15th five-year plan – the next entry in a line of expansive blueprints that have set…

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New Business

Opinion | More of China’s spending power needs to be unleashed. Here’s how

There are signs that the Chinese economy has been improving, owing to the government’s September 2024 stimulus package. Year-on-year gross…

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New Business

China expands consumer subsidies, but can it ‘save the day’ for economic growth in 2024?

China’s second-largest provincial economy and its biggest city have expanded consumer subsidy schemes to boost household spending despite the risk…

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New Business

Opinion | Is Chinese manufacturing set to follow the path of Japan’s decline?

Chinese overcapacity is raising concerns worldwide. It is easy to see why: China accounts for nearly one-third of the world’s…

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