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Consumption key to robust development


Consumption key to robust development
By OUYANG SHIJIA |
China Daily |
Updated: 2021-06-25 10:16
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Consumers browse cosmetics at a duty-free store in Haikou, Hainan province, on June 18. [Photo by Wang Chenglong/For China Daily]
Political adviser urges more efforts to boost people s purchasing power
China needs to adhere to the key strategy of strengthening domestic demand and expanding consumption in the next five years, with a focus on increasing the range of products and services on offer, improving their quality, protecting consumer rights and interests and promoting consumption upgrades, a national political adviser said.
Zhi Shuping, a member of the Standing Committee of the 13th National Committee of the Chinese People s Political Consultative Conference, said stabilizing and expanding consumption is one of the keys to creating a robust domestic market and fostering a ne ....

Zhi Shuping , Li Keqiang , National Development , National Committee , Standing Committee , Reform Commission , Administration Of Quality Supervision , Chinese Academy Of Sciences , Standing Committee Of The National , National People Congress , Chinese People , Political Consultative Conference , Five Year Plan , General Administration , Quality Supervision , Premier Li Keqiang , Government Work Report , National People , Forecasting Science , Chinese Academy , தேசிய வளர்ச்சி , தேசிய குழு , நின்று குழு , சீர்திருத்தம் தரகு , சீன கலைக்கழகம் ஆஃப் அறிவியல் , நின்று குழு ஆஃப் தி தேசிய ,

Coronavirus could cost China $556b in 2021, but its economy is still expected to grow


March 02, 2021
A walks by Beijing s Central Business District during morning rush hour as the spread of the new coronavirus disease (Covid-19) continues in China, April 17, 2020,
Reuters
The coronavirus pandemic could cost China the equivalent of 2.7 per cent of its gross domestic product this year, although the economy may still grow by over 8 per cent, according to a new study by Chinese and American researchers.
The industrial and processing sectors are likely to bear the brunt of the impact, with coal, ore, metal, electricity, gas and food producers expected to see the value of their output fall by between 2.8 and 5.4 per cent, said the team from the Chinese Academy of Sciences’ Centre for Forecasting Science and the University of Kansas. ....

United States , South Korea , Yang Cuihong , Cai Zongwu , University Of Kansas , International Monetary Fund , Centre For Forecasting Science , European Union , World Bank , Tsinghua University , Chinese Academy , Science Centre , Forecasting Science , China Economic Review , Southeast Asia , ஒன்றுபட்டது மாநிலங்களில் , தெற்கு கொரியா , பல்கலைக்கழகம் ஆஃப் கன்சாஸ் , சர்வதேச பண நிதி , மையம் க்கு முன்னறிவிப்பு அறிவியல் , ஐரோப்பிய தொழிற்சங்கம் , உலகம் வங்கி , சீன கலைக்கழகம் , அறிவியல் மையம் , முன்னறிவிப்பு அறிவியல் , சீனா பொருளாதார விமர்சனம் ,