China to reduce income gap and promote domestic consumption

China to reduce income gap and promote domestic consumption [CGTN]
China to reduce income gap and promote domestic consumption [CGTN]
CGTN | 27-Oct-2020 | By Ma Ke

China has made progress in enhancing people’s income in the past five years and will continue to take measures to reduce the income gap and boost domestic consumption in the future 14th Five-Year Plan (FYP) period, according to a press conference held by the 19th Central Committee of the Communist Party of China (CPC) on Friday, in Beijing. Continue reading “China to reduce income gap and promote domestic consumption”

China sets new development goals to face domestic, global headwinds

China sets new development goals to face domestic, global headwinds [CGTN]
China sets new development goals to face domestic, global headwinds [CGTN]
CGTN | 27-Oct-2020

High-quality economic development, further reform and opening-up, continuous improvement to people’s livelihood and more equitable resource allocation to the public will be some of the most important targets during China’s 14th Five-Year Plan (2021-2025). Continue reading “China sets new development goals to face domestic, global headwinds”