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Policy Support Needed To Enhance Consumption - Experts

CHINA PRESS
MNI (BEIJING)

Authorities should enhance the virtuous cycle of consumption and investment, according to Fu Yifu, senior researcher at Xingtu Financial Research Institute. Fu said household spending has recovered slowly, meaning consumption has not driven investment demand which remains imbalanced towards the industrial sector. Hong Tao, vice chairman at the China Society of Consumer Economics, said China must increase household incomes and develop the relationship between consumption and investment. (Source: Securities Daily)

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

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