China plan to boost consumption, scientists turn tumours to ‘pork’: SCMP daily highlights

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1. China’s new plan to boost consumption is ‘most comprehensive’ since 1970s

China’s newly announced consumption action plan is the most comprehensive package of policies for boosting consumer spending that the country has released in over four decades, analysts said.

2. China’s 2025 starts with rising retail sales as consumption takes centre stage

China has reported a 4 per cent growth in consumption in the first two months of 2025, a modest increase that keeps the pressure on policymakers as China strives to achieve its ambitious annual economic growth target of “around 5 per cent”.

3. Why China’s economic recovery is captivating investors again: Robin Xing

Illustration: Lau Ka-kuen
Illustration: Lau Ka-kuen

Morgan Stanley’s chief China economist sees green shoots in China thanks to innovation, but highlights need for social security reform.

  

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