Story perspectives
China's Communist Party Shifts Focus to Boost Consumption
10/20/2025
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Story summary
- The Communist Party's anti-involution strategy expands from supply-side to include demand-side approaches.
- From 2018 to 2023, households added 21 minutes to daily work and cut 37 minutes from purchasing time.
- Policy makers must boost industry competitiveness and promote consumption growth.
- Recommendations include joint ventures for production coordination and shifting tax collection to local governments.
