Past is prologue for Beijing’s five-year consumption plan
Subscribe to keep reading.
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Already a subscriber? Log in.
Beijing is doubling down on its failed approach to consumption. In its five-year plan (FYP) on expanding consumption, published July 13, the State Council said it would:
"Expand domestic demand as the strategic bedrock...and better leverage consumption's foundational role in economic development"
...