China’s top officials have introduced a number of new economic terms to describe the country’s development priorities. Photo: AP China’s top officials have introduced a number of new economic terms to describe the country’s development priorities. Photo: AP
China’s top officials have introduced a number of new economic terms to describe the country’s development priorities. Photo: AP

Explainer |
China’s economic buzzwords explained, from ‘common prosperity’ to ‘dual circulation’

  • China’s top leaders have introduced a number of new economic terms like ‘cross-cyclical adjustment’ and ‘chief of industrial chains’ in recent years
  • The buzzwords describe strategies to tackle everything from inequality to industrial chain inefficiency, and point to a new phase in China’s development

Topic |   China economy
China’s top officials have introduced a number of new economic terms to describe the country’s development priorities. Photo: AP China’s top officials have introduced a number of new economic terms to describe the country’s development priorities. Photo: AP
China’s top officials have introduced a number of new economic terms to describe the country’s development priorities. Photo: AP
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