FOREIGN: China To Raise Proportion Of Middle-income Earners


China’s consumption has been on a continuous rise in recent years, and its consumption structure is also being optimised. Last year, the country’s total retail sales of consumer goods reached 39.2 trillion yuan ($6 trillion), and final consumption contributed 54.3 percent to China’s GDP. As a result, China maintained its position as the second largest […]

Source: Leadership Newspaper