China's No 4 Official Urges Unblock in Internal Circulation to Boost Domestic Demand

Tuesday, 9 July 2024, 11:30

In a warning about weak domestic demand, China's No 4 official stresses the importance of unblocking internal circulation to enhance the country's international economic advantages. This move is seen as crucial for facilitating economic cooperation and competition on a global scale.
South China Morning Post
China's No 4 Official Urges Unblock in Internal Circulation to Boost Domestic Demand

China's No 4 Official Urges Unblock in Internal Circulation

In a recent statement, Wang Huning emphasized the significance of addressing weak domestic demand by unblocking internal circulation.

Advantages for China

Boosting domestic demand through this strategy would lead to improvements in international economic cooperation and competition.

  • Strategic Move: Wang Huning's stance reflects China's commitment to enhancing economic resilience.
  1. Key Point: The focus on internal circulation underlines the country's aim to strengthen its position in the global economy.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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