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China's Economic Transformation: The Shift Towards Consumer Spending by 2025

China's Economic Transformation: The Shift Towards Consumer Spending by 2025
4 months ago

China is poised for a significant economic overhaul as it transitions from an investment-export driven economy to one primarily fueled by domestic consumption. The strategy aims to redefine what it means to be a global economic powerhouse by 2025. Analysts believe that this shift is essential to sustain growth amid a world increasingly cautious about unfettered reliance on exports.

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