Consumption is a key driver of economic growth. Photo: Xinhua
Consumption is a key driver of economic growth. Photo: Xinhua

China looks to boost consumption with ‘comprehensive measures’ to help economic recovery

  • The State Council says it is looking to expand demand by boosting property and car sales, as well as subsidising green energy products
  • The service sector has been badly hit by the country’s Covid policies, threatening to derail the annual growth target of ‘around 5.5 per cent’

Consumption is a key driver of economic growth. Photo: Xinhua
Consumption is a key driver of economic growth. Photo: Xinhua
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