Hey there! π Did you know that the Chinese mainland has some cool ideas to help people spend more money on things they like? π
Zhang Bin, a smart expert from a big think tank called the Chinese Academy of Social Sciences, says that China has lots of tools to boost consumption. That means helping people buy more stuff! π
He says one of the best ways to do this is by helping people have more money to spend. When people earn more money, they can buy more toys, books, and gadgets! ππ§Έ
This happens because when China’s economy grows (that’s the country’s GDP getting bigger), people can get better jobs and earn more money. πΌ
Isn’t it exciting to think about all the new things people can enjoy when the economy is strong? What would you buy if you had a little extra money? π€
Reference(s):
Think tank: China has ample policy tools to boost consumption
cgtn.com