China Looks to Consumers to Power Next Era of Growth
Bloomberg Economics sees consumption rising to make up 46% of GDP by 2030
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I’m Malcolm Scott, a senior international economics editor in Sydney. Today we’re looking at a key annual political gathering in China. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet signed up to receive this newsletter, you can do so here.
Calls to open up the China market and spur consumption are nothing new.