Farmers pick crops in Bozhou, Anhui province. Rural Chinese make and spend at least 40 per cent less than their urban peers. Photo: Weibo
Farmers pick crops in Bozhou, Anhui province. Rural Chinese make and spend at least 40 per cent less than their urban peers. Photo: Weibo
Winston Mok
Opinion

Opinion

The View by Winston Mok

China’s drive to boost consumption hinges on better social welfare and rural incomes

  • Spending will remain restrained unless an improved social security system frees up savings and rural development raises incomes for the poor

Winston Mok
Winston Mok

Updated: 8:11am, 11 Nov, 2020

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Farmers pick crops in Bozhou, Anhui province. Rural Chinese make and spend at least 40 per cent less than their urban peers. Photo: Weibo
Farmers pick crops in Bozhou, Anhui province. Rural Chinese make and spend at least 40 per cent less than their urban peers. Photo: Weibo
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