Tag: domestic consumption China
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Xi Elevates Domestic Demand as Core of China’s Economic Strategy
Chinese President Xi Jinping has again placed expanding domestic demand at the core of China’s economic strategy. He argues that growth driven mainly by exports and investment is no longer sufficient as globalization faces headwinds and external conditions change. The ...
A child shakes hands with a robot during the World Artificial Intelligence Conference (WAIC) in Shanghai on July 28, 2025. (Photo by Hector RETAMAL / AFP)
By Laurie Chen China's scramble to adopt artificial intelligence will spawn new jobs and propel the world's second-largest economy, say policymakers and company executives, as they play down growing global fears that the technology could stunt employment. Plans unveiled ...
Xi Elevates Domestic Demand as Core of China’s Economic Strategy
Chinese President Xi Jinping has again placed expanding domestic demand at the core of China’s economic strategy. He argues that growth driven mainly by exports and investment is no longer sufficient as globalization faces headwinds and external conditions change. The ...