Fueling Economic Resilience: China's Strategic Measures to Boost Domestic Consumption

[{"selector":"#anim-ddfb9a9f-4071-41b7-97eb-344734a84209 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(32.7486058432746%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-751a01ef-b216-408f-b218-9421b641db58","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e5a9b3e1-c32a-496e-b489-06303ab3ed7e","keyframes":{"transform":["translate3d(0px, 406.91350%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 1. Navigating Economic Challenges: China's National Development and Reform Commission (NDRC) unveils 20 measures to reignite domestic consumption in the face of internal and external economic hurdles. Learn more

[{"selector":"#anim-fa4bf592-6307-4840-9cff-c58e6ec83b25 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-34.19989214550487%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-7d286c08-9c8b-44d9-beb2-d295d5d4f6b7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-47aa262a-7926-464f-8785-7bf8088f47e0","keyframes":{"transform":["translate3d(0px, 422.46903%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 2. Revitalizing Consumption Landscapes: Leveraging targeted measures, China aims to stimulate key consumption sectors like housing and automobiles to maintain growth momentum. Learn more

[{"selector":"#anim-2b2f2fa5-f70b-41b9-ae49-fcd2c47a1360 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-bbb8edc0-6b1f-4f25-a566-03e6f9df7576","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f952f177-ff73-455d-8063-92442cbf9927","keyframes":{"transform":["translate3d(0px, 470.96306%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 3. Swift Policy Response: NDRC's actions swiftly address economic headwinds, stabilize growth, and enhance market expectations, setting the stage for a steady recovery. Learn more

[{"selector":"#anim-0c85a4ff-e38a-4d15-a577-b5dd0a81537b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-7.833726159231025%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-456c0902-e4e4-438a-ad73-94f97395a2d3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ee8111c4-e9e5-45a4-af7c-43acd4d3944c","keyframes":{"transform":["translate3d(0px, 406.91350%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 4. Housing as a Pillar: With a focus on first-time homebuyers and improved living standards, NDRC promotes fundamental housing mechanisms and policies to bolster domestic consumption. Learn more

[{"selector":"#anim-2fc7e19b-d613-48f8-8863-efa0e13eca38 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.24820939729202%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-e5094381-b688-4780-a6c0-a4f6be127faa","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-39192aae-daa9-4e6a-a337-a4f077df0c06","keyframes":{"transform":["translate3d(0px, 393.62974%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 5. Resilience in Real Estate: China's proactive approach to revitalizing the real estate market includes tailored policies, lowering down payment ratios, and easing purchase restrictions. Learn more

[{"selector":"#anim-12b24a8a-e791-4d3f-b5da-7c7fe3eae114 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-7.812499744007886%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-21cbf28b-1d0d-47ce-bf77-d0d395353129","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4201dfe5-d952-488d-952a-9f0a34a01848","keyframes":{"transform":["translate3d(0px, 373.62969%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 6. Driving Sustainable Mobility: NDRC's measures encourage new-energy vehicles, reflecting China's commitment to eco-friendly solutions and invigorating the auto industry. Learn more

[{"selector":"#anim-8bf2b757-f279-4818-831e-4d318db66dbc [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-73aec0e9-0a35-4db5-93cc-059c60457aed","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4ecef940-1f1f-4a5a-83b4-0bcfdc6e9d7e","keyframes":{"transform":["translate3d(0px, 346.96307%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 7. Empowering Consumer Spending: Prioritizing people's aspirations, China aims to build sustained growth and prosperity by enhancing consumer spending across diverse sectors. Learn more

[{"selector":"#anim-766ffcd6-ce5a-4761-9f18-1ff1278ae56e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-6f95db83-d5aa-4b2c-9068-fb0beb88ea70","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0d834beb-1042-41f3-9946-118e74d981e6","keyframes":{"transform":["translate3d(0px, 441.62972%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 8. Countercyclical Policy Measures: Amidst challenges and uncertainties, China's proactive approach to bolstering domestic demand and market confidence remains evident. Learn more

[{"selector":"#anim-e8c43fde-9fd5-4e1d-8544-f623fd6f9339 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(61.761338165349336%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-1c457e9c-4a79-44a5-862e-3b1f78cbc40c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f86c127d-6fb4-47f7-900a-812303f58e84","keyframes":{"transform":["translate3d(0px, 450.96309%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 9. Gradual Stabilization Ahead: Experts predict a stable economic improvement as China's comprehensive stimulus policies work towards maintaining recovery. Learn more

[{"selector":"#anim-5d49fe4b-cf42-4a61-9e95-cde4825710b8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(36.0828626644028%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-ceb73613-c350-4e87-97dc-c09774a17a7b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2448e95b-d50d-4faf-a58d-43f33ab891e0","keyframes":{"transform":["translate3d(0px, 436.29638%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 10. A Steadfast Path Towards Growth: China's strategy revolves around promoting consumption, aligning with people's desires for a better life, and fostering economic resilience. Learn more

[{"selector":"#anim-b0b76b79-1732-4f36-a384-9d5d7946e337 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-0e4e4767-0a91-438c-81e1-79b3005308c6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-63a9d28c-4e73-4fa5-b297-2e9d200e600c","keyframes":{"transform":["translate3d(0px, 436.29638%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 11. Expanding Domestic Demand: The NDRC's measures anticipate increased purchasing power, enhanced holiday spending, and a robust foundation for economic recovery. Learn more

[{"selector":"#anim-1491a4aa-b4b7-4077-8ac1-5a34c6a9a74d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-ae440ef5-c896-41f6-900b-b225af50b8b4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e7ca61e2-3380-4774-a86f-f56d096cb46e","keyframes":{"transform":["translate3d(0px, 436.29638%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 12. A Proactive Economic Vision: China's approach seeks to invigorate the economy while catering to diverse population needs, driving sustained progress in the future. Learn more