China's Economic Growth Hinges on Boosting Domestic Consumption.
The article discusses how expanding domestic needs is crucial for China's economic growth. Factors like low purchasing power and outdated consumption habits contribute to under-consumption. To boost the economy, the article suggests implementing positive financial policies, increasing household incomes, improving education, adjusting consumption policies, and developing rural areas. It also emphasizes integrating domestic needs expansion with economic restructuring, regional development, and international trade policies.