China has 1.4 billion potential consumers, but its wealth gap is among the widest in the world. Photo: Reuters
Opinion
Opinion
Zhou Xin
China’s economic future depends on closing its wealth gap otherwise new domestic strategy won’t work
China’s new strategy will place a priority on the domestic market to sustain economic growth
China has 1.4 billion potential consumers, but its wealth gap is among the widest in the world, meaning a large portion of the population are relatively poor.