5.8K views · 36 reactions | According to latest figures, China’s economic growth has fallen short of expectations. Read more: https://sc.mp/ew8h2 | South China Morning Post | Facebook
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5.8K views · 36 reactions | According to latest figures, China’…
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FacebookSouth China Morning Post
As the middle-income population expands and its basic needs are satisfied, the pursuit of a higher level of aesthetics and self-fulfillment has become a trend. Chinese people are moving from survival consumption towards developmental consumption. China's consumption upgrade to boost product and service quality will, in turn, push forward growth of new industries and raise economic growth to a higher level. #WhyChina | CGTN
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As the middle-income population expands and its basic needs are s…
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#Chinese annual #GDP growth hit 6.7 percent last year, pointing to stability in the world's number two #economy. But the October-December increase of 6.8 percent marked the first quarterly improvement since the final three months of 2014. The Asian giant is a crucial #driver of global growth and leaders are trying to reduce its reliance on exports and State-backed investment and instead focus on domestic consumer #spending to drive expansion. The National Bureau of Statistics called the figure a
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#Chinese annual #GDP growth hit 6.7 percent last year, pointing to s…
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