Chinese maps plan to increase income and increase consumption

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According to the official Synchua news agency, China threatened Donald Trump’s tariffs to support the demand of a plan in an economy, according to the official Sinhua news agency, according to the official Sinhua news agency.

Instructions from the State Assembly report Identify other measures that stabilize stock and real estate markets and offer encouragement to increase the country’s birth rate. Investors are waiting for more clues than the highest officials, during a press conference to be held at 3 o’clock to increase their consumption.

In China, politicians are increasingly necessary to encourage people to spend a large restoration of revenues. This month, the country’s leadership in parliamentary meetings, the first annual work report came to power ten years ago, President Xi Jinping.

“If there are no houses, they can’t spend what,” said Lynn song, Sahman economist in ing Bank for Great China. “Although the new details on how to increase the government’s spending, the details of the plan show more determination to solve China’s consumption problem this year.”

The last effort covering eight territories includes a collateral to improve childcare and apply China’s paid vacation system. Local governments have already begun to increase support for social welfare with the capital of the Internal Monomolia Autonomous Region, which announces new childcare subsidies.

Ambitious purpose

The program announced on Sunday Premier Li Qiang’s previous annual work report this month when conveying the annual work report to the Milli Majlis in Beijing. For 2025, China has set the purpose of an ambitious economic growth of approximately 5%, and up to the highest level of financial deficit in three decades to the highest level.

Consumer expenditures are the basis for increasing the global trade in the United States and reduces Chinese exports, which contributes to about one-third of the country’s economic expansion in 2024.

Revitalizing consumption has been a problem for the government since the end of the pandemic. Retail sale was anemic during consumer pricesbe deflatedFor the first time in February for the first time.

Beijing will encourage “reasonable growth” in the salary and will build a sound mechanism for regulating the minimum wage. It will also strengthen how to build a child care subsidy system and how to support the consumption of investment.

“Compared to previous plans, the plan to improve the supply or former the old policies for the old policies,” said, “We believe that the government pays more attention to the protection of low-income groups.”

Chinese stocksMost ralliesOn Friday, the Cabinet of Ministers of China, the Ministry of Finance, the authorities of the Ministry of Finance, Central Bank and other government departments have planned to discuss the increase in consumption consumption.

“Several measures will be taken by some cities as commercial extensions and maternity support, the current rally can be read positively by the market,” Morgan Stanley Analysts “wrote Morgan Stanley analysts, including Lillian Lou, including Lillian Lou.

This story was first displayed Fortune.com

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