Tag #Domestic Demand

Showing 37 to 46 of 46 results

usa.chinadaily.com.cn

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Mar 6, 01:10

China Maintains 5% GDP Growth Target for 2025, Unveils Proactive Fiscal Policy

China's 2025 GDP growth target remains at around 5 percent, with the Government Work Report outlining a significantly more proactive fiscal policy including a record-high fiscal deficit, increased bond issuance, and a moderately loose monetary policy to boost domestic demand and improve living stand...

China Maintains 5% GDP Growth Target for 2025, Unveils Proactive Fiscal Policy

China's 2025 GDP growth target remains at around 5 percent, with the Government Work Report outlining a significantly more proactive fiscal policy including a record-high fiscal deficit, increased bond issuance, and a moderately loose monetary policy to boost domestic demand and improve living stand...

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Decent Work and Economic Growth

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What is the significance of China maintaining its 5 percent GDP growth target for 2025, and what immediate impacts are expected?

China's 2025 GDP growth target remains at around 5 percent, a continuation of the past two years' goals. This reflects a strategic prioritization of stable growth despite external challenges and signals a multiyear shift toward boosting domestic consumption and improving living standards.

usa.chinadaily.com.cn

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Jan 10, 07:08

China Unveils 2025 Policy to Boost Domestic Demand Through Trade-Ins and Subsidies

China's government announced a policy to boost domestic demand in 2025 by subsidizing digital product purchases and promoting equipment/consumer goods trade-ins, aiming to address slow retail sales growth (3.5 percent year-on-year in 2024) and low investment.

China Unveils 2025 Policy to Boost Domestic Demand Through Trade-Ins and Subsidies

China's government announced a policy to boost domestic demand in 2025 by subsidizing digital product purchases and promoting equipment/consumer goods trade-ins, aiming to address slow retail sales growth (3.5 percent year-on-year in 2024) and low investment.

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What immediate actions are being taken to address insufficient consumer capacity in China and what are their direct consequences?

China's government announced a policy to boost domestic demand by subsidizing purchases of new digital products and promoting equipment and consumer goods trade-ins. This follows slower-than-expected retail sales growth (3.5 percent year-on-year) and low investment in 2024. The policy aims to revitalize the market and promote green and smart home consumption.

china.org.cn

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Jan 9, 10:08

China Doubles Funding for Economic Stimulus Plan

China launched a large-scale economic stimulus plan in 2025, doubling funding for consumer goods trade-ins to 300 billion yuan and expanding equipment upgrades, aiming to boost domestic demand and offset potential external shocks, building on the success of 11 million new energy vehicle sales and ov...

China Doubles Funding for Economic Stimulus Plan

China launched a large-scale economic stimulus plan in 2025, doubling funding for consumer goods trade-ins to 300 billion yuan and expanding equipment upgrades, aiming to boost domestic demand and offset potential external shocks, building on the success of 11 million new energy vehicle sales and ov...

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How does China's plan to boost domestic demand address potential external economic risks?

These initiatives aim to counter potential external economic shocks, particularly from the US. The plan emphasizes high-end, intelligent, and green technologies, improving industrial efficiency and competitiveness. Success in 2024, with a 2.5-fold increase in new consumption from the trade-in program, informs the increased 2025 funding.

china.org.cn

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Jan 8, 04:08

China's Nationwide Urban Renewal Plan to Boost Investment and Domestic Demand

China's 2025 urban renewal plan, expanding nationwide to 300 cities, aims to renovate 1 million housing units, upgrade infrastructure, and attract private investment totaling 500 billion yuan ($68.3 billion) by leveraging public funding and policy incentives.

China's Nationwide Urban Renewal Plan to Boost Investment and Domestic Demand

China's 2025 urban renewal plan, expanding nationwide to 300 cities, aims to renovate 1 million housing units, upgrade infrastructure, and attract private investment totaling 500 billion yuan ($68.3 billion) by leveraging public funding and policy incentives.

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Sustainable Cities and Communities

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How will the expansion of the urban renewal program from 35 to 300 cities affect housing inventory and resident relocation?

The program leverages public and private funding to boost domestic demand and investment, addressing global economic uncertainties. The scope expanded from 35 to 300 cities, encompassing 1 million housing unit renovations and clearing 200 million square meters of housing inventory. This will involve monetary compensation, housing vouchers, and government acquisitions.

china.org.cn

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Dec 23, 10:05

China's Economic Outlook: Domestic Demand and 2025 Growth Projections

The Caijing Annual Dialogue 2024 in Beijing emphasized expanding domestic demand and capital markets to counter global uncertainties, with experts highlighting infrastructure investment and leveraging China's large market and high savings rate for economic growth in 2025.

China's Economic Outlook: Domestic Demand and 2025 Growth Projections

The Caijing Annual Dialogue 2024 in Beijing emphasized expanding domestic demand and capital markets to counter global uncertainties, with experts highlighting infrastructure investment and leveraging China's large market and high savings rate for economic growth in 2025.

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What are the potential long-term risks and challenges to China's projected economic growth in 2025 and beyond, and how might these be mitigated?

China's projected economic growth in 2025 hinges on successfully translating its considerable savings and human capital into effective investments. The ability to adapt and apply technological innovations, coupled with policy adjustments focusing on growth, will be crucial to achieving this projection. However, global uncertainties, such as the unresolved Russia-Ukraine conflict and the potential impact of the Trump re-election, pose significant external risks.

china.org.cn

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Mar 5, 10:09

China Targets 5 Percent Economic Growth in 2025

China aims for roughly 5 percent economic growth in 2025, a goal deemed achievable despite global challenges, focusing on domestic demand and new technologies to ensure sustained growth and long-term modernization. The plan includes 300 billion yuan in special treasury bonds for consumer trade-in pr...

China Targets 5 Percent Economic Growth in 2025

China aims for roughly 5 percent economic growth in 2025, a goal deemed achievable despite global challenges, focusing on domestic demand and new technologies to ensure sustained growth and long-term modernization. The plan includes 300 billion yuan in special treasury bonds for consumer trade-in pr...

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What is China's economic growth target for 2025, and what are the immediate implications of achieving this goal on a global scale?

China's economic growth target for 2025 is around 5 percent, a goal described as realistic and proactive, considering the global economic challenges. This target, if achieved, would place China among the world's fastest-growing major economies, adding an economic increment equivalent to a mid-sized nation's annual output. The government plans to achieve this through a combination of proactive policies and pro-growth measures.

spanish.china.org.cn

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Jan 10, 07:08

Stable Inflation in China Amidst Government-Driven Domestic Demand Boost

China's inflation remained stable in 2024, with consumer prices rising 0.2 percent year-on-year and producer prices falling 2.2 percent, driven by government programs boosting domestic demand through equipment and consumer goods replacements totaling 81 billion yuan, resulting in increased car and a...

Stable Inflation in China Amidst Government-Driven Domestic Demand Boost

China's inflation remained stable in 2024, with consumer prices rising 0.2 percent year-on-year and producer prices falling 2.2 percent, driven by government programs boosting domestic demand through equipment and consumer goods replacements totaling 81 billion yuan, resulting in increased car and a...

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What were the key features of China's inflation in 2024, and what immediate impact did this have on the economy?

China's inflation remained stable in 2024, with consumer prices rising slightly and producer prices falling less sharply as domestic demand increased amid a sustained economic recovery. The consumer price index (CPI) rose 0.2 percent year-on-year, while the producer price index (PPI) fell 2.2 percent.

french.china.org.cn

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Jan 9, 16:11

China's Inflation Stable in 2024 Amidst Economic Recovery

China's inflation remained stable in 2024, with the CPI rising 0.2% and the PPI falling 2.2% year-on-year, driven by a government program boosting domestic demand through trade-ins that added 920 billion yuan in auto sales and 240 billion yuan in appliance sales, although insufficient domestic deman...

China's Inflation Stable in 2024 Amidst Economic Recovery

China's inflation remained stable in 2024, with the CPI rising 0.2% and the PPI falling 2.2% year-on-year, driven by a government program boosting domestic demand through trade-ins that added 920 billion yuan in auto sales and 240 billion yuan in appliance sales, although insufficient domestic deman...

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How did the government's trade-in program contribute to the improvement in economic indicators?

The stability in inflation reflects China's ongoing economic recovery and the success of government programs aimed at boosting domestic demand. A significant trade-in program spurred 920 billion yuan in automobile sales and 240 billion yuan in appliance sales. However, insufficient domestic demand remains a concern.

europe.chinadaily.com.cn

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Jan 6, 07:08

China Prioritizes Consumption Growth Amidst Shifting Consumer Preferences

China's Central Economic Work Conference prioritizes boosting domestic demand, especially consumption, to counter concerns of a "consumption downgrade" by focusing on aligning macroeconomic policy with micro-level consumer preference shifts toward internal enjoyment and personalized products, and le...

China Prioritizes Consumption Growth Amidst Shifting Consumer Preferences

China's Central Economic Work Conference prioritizes boosting domestic demand, especially consumption, to counter concerns of a "consumption downgrade" by focusing on aligning macroeconomic policy with micro-level consumer preference shifts toward internal enjoyment and personalized products, and le...

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How will China's strategic focus on expanding domestic demand, particularly through consumption, impact its economic growth trajectory in the short and long term?

China's Central Economic Work Conference prioritizes expanding domestic demand, focusing on consumption to stabilize the economy and drive long-term structural changes. However, concerns exist regarding a shift from "consumption upgrade" to "downgrade", prompting a closer look at consumer behavior.

china.org.cn

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Dec 15, 13:08

China Unveils Unprecedented Economic Stimulus Package for 2024

China's Central Economic Work Conference announced a proactive fiscal policy and moderately loose monetary policy for 2024 to boost economic growth by expanding domestic demand, prioritizing consumption and investment coordination, building on recent policy successes and aiming for long-term stabili...

China Unveils Unprecedented Economic Stimulus Package for 2024

China's Central Economic Work Conference announced a proactive fiscal policy and moderately loose monetary policy for 2024 to boost economic growth by expanding domestic demand, prioritizing consumption and investment coordination, building on recent policy successes and aiming for long-term stabili...

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How does China's plan to expand domestic demand connect investment and consumption, and what specific mechanisms are proposed to achieve this?

The plan prioritizes boosting consumption, which currently comprises less than 40% of China's GDP, significantly lower than developed nations. Large-scale government investment in public goods is intended to stimulate production, employment, and ultimately, consumption, aligning short-term growth with long-term 2035 objectives.

Showing 37 to 46 of 46 results