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The contribution of consumption to......>

CHINA PRESS
CHINA PRESS: The contribution of consumption to economic growth has shown an
obvious rise as supply-side reforms continue and demands by the middle class
increase, the 21st Century Business Herald reported Wednesday. The contribution
ratio of consumption to GDP growth rose to 64.6% in 2016 from 47% in 2013.
Policy makers have noticed the effect of consumption and have taken various of
steps to improve consumption, particularly in E-commerce. As increases in
exports and investment slow, consumption will be the main pillar of the economy
in the future, the report noted. (21st Century Business Herald)

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