Free Trial

Boost Incomes To Secure Consumption Rebound - Expert

CHINA PRESS
MNI (BEIJING)

China must boost household incomes to ensure the consumption rebound is sustainable, according to Guo Liyan, director of the Comprehensive Situation Research Office of the China Macroeconomic Research Institute. Speaking at a recent forum, Guo said the service industry and consumption had shown positive signs of recovery in Q1, but households need to see rising and stable incomes to facilitate a sustained rebound in spending. The government must support SMEs and construct a unified national market this year, she said. (Source: China Economic Journal)

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.