Calls grow for China's household sector to be bigger economic driver

Calls grow for China’s household sector to be bigger economic driver

By Kevin Yao BEIJING (Reuters) -Chinese government advisers are stepping up calls to make the household sector’s contribution to broader economic growth a top priority at Beijing’s upcoming five-year policy plan, as trade tensions and deflation threaten the outlook. Leaders are gathering proposals for their 15th five-year plan, a voluminous document that lays out priorities…

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Calls grow for China's household sector to be bigger economic driver

Calls grow for China’s household sector to be bigger economic driver

By Kevin Yao BEIJING (Reuters) -Chinese government advisers are stepping up calls to make the household sector’s contribution to broader economic growth a top priority at Beijing’s upcoming five-year policy plan, as trade tensions and deflation threaten the outlook. Leaders are gathering proposals for their 15th five-year plan, a voluminous document that lays out priorities…

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FILE PHOTO: FILE PHOTO: People walk past the headquarters of the PBOC, the central bank, in Beijing

Analysis-China to ramp up policy steps to revive economy but no ‘bazooka’ stimulus seen

By Kevin Yao BEIJING (Reuters) – Chinese policymakers will likely step up measures to at least help the economy meet an increasingly challenging growth target for 2024, analysts and policy advisers say, with a sharper focus on boosting demand to fight persistent deflationary pressures. Official data showed the world’s second-largest economy slowed broadly in August,…

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