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China Daily / 2024-12 / 20 / Page013

Targeted measures to boost consumption

By WANG KEJU | China Daily | Updated: 2024-12-20 00:00
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China will roll out an array of targeted measures to simultaneously boost consumption and deliver tangible benefits to the people after policymakers signaled a shift in prioritizing the expansion of domestic demand amid external uncertainties during a recent tone-setting meeting, officials and analysts said.

Their comments came after the annual Central Economic Work Conference in mid-December identified the "vigorous promotion of consumption" as the top priority on its policy agenda for the world's second-largest economy in 2025.

Conditions and fundamental trends supporting China's long-term positive economic trajectory have not changed, and the country's consumer market will continue to exhibit a steady growth trend in the coming year, said He Yongqian, a spokeswoman for the Ministry of Commerce, on Thursday.

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