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Fiscal spending likely to focus more on public services to improve livelihoods. Consumption is expected to become a major driving force for China’s economic growth in 2021 with more supportive policies in place, while the country’s fiscal spending is likely to focus more heavily on public services to improve livelihoods, particularly in education, health and elderly care, to keep the economy stable and within a proper range, experts said. Continue reading “China Consumption to play bigger role in 2021”
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