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China should stimulate consumer spending to achieve sustainable growth

Posted on Oct-20-2010· by


China must carry out welfare and housing reform, to release the domestic purchasing power so that to achieve sustainable economic growth, to overcome obstacles to growth of sustained economic, the key is through better social welfare, lower housing and a resource price reform to improve resident expenditures. domestic demand is the long-term strategy to guide China’s economic and social development, the focus of economic work of next stage must full play the role of domestic demand in driving the economy growth, especially consumer demand.

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