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China Invites Citizens to Shape 5-Year Consumption Goals

8/7/2025

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Summary

Story summary

Beijing is inviting citizens to shape China's upcoming five-year plan, aiming to enhance domestic consumption in the face of global trade hurdles. Economist Chang Xiuze emphasizes the need for clear consumption targets, proposing the household consumption rate—currently at 39.6%—as a vital benchmark for future growth.

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Story summary

Beijing is inviting citizens to shape China's upcoming five-year plan, aiming to enhance domestic consumption in the face of global trade hurdles. Economist Chang Xiuze emphasizes the need for clear consumption targets, proposing the household consumption rate—currently at 39.6%—as a vital benchmark for future growth.