Since the beginning of this year,in the backdrop of a complex and volatile external environment,China has placed greater emphasis on boosting consumption to comprehensively expand domestic demand.Various policies to s...Since the beginning of this year,in the backdrop of a complex and volatile external environment,China has placed greater emphasis on boosting consumption to comprehensively expand domestic demand.Various policies to stimulate consumption have been gradually implemented with tangible results,consolidating the steady growth in consumption and the positive trends in structural adjustments.展开更多
During the Central Economic Work Conference held at the end of 2024,the need to“create a full range of new consumption scenarios and expand the scale of consumption”was highlighted.In March of 2025,the general offic...During the Central Economic Work Conference held at the end of 2024,the need to“create a full range of new consumption scenarios and expand the scale of consumption”was highlighted.In March of 2025,the general offices of the Central Committee of the Communist Party of China(CPC)and the State Council jointly issued the Plan on Special Initiatives to Boost Consumption.This plan identified initiatives to upgrade service consumption and enhance people's wellbeing as a key task for stimulating consumption.展开更多
“A sound consumer finance environment is vital in helping to prosper the holiday market and stimulating consumption vitality.”——Guo Wuping,Spokesperson of the National Financial Regulatory Administration and direc...“A sound consumer finance environment is vital in helping to prosper the holiday market and stimulating consumption vitality.”——Guo Wuping,Spokesperson of the National Financial Regulatory Administration and directorgeneral of the Policy Research Department of the NFRA.展开更多
The fact that industrial and commercial taxation in the Song dynasty greatly exceeded agricultural taxation was unprecedented in previous dynasties.This is mainly explained by the Song government’s financial and econ...The fact that industrial and commercial taxation in the Song dynasty greatly exceeded agricultural taxation was unprecedented in previous dynasties.This is mainly explained by the Song government’s financial and economic policy which was dominated by industrial and commercial taxation,made good use of the laws and characteristics of market relations and the commodity economy in business operations,actively stimulated consumption and was clearly utilitarian.Under this policy,the rulers,in pursuit of huge profits,used state power and mobilized various resources to implement a monopolies system and a commercial tax system,which,in turn,helped develop the commodity money economy,expanded the scale of market exchange and promoted the high degree of development of the commodity economy of the time.The financial and economic policy of the Song dynasty showed the unique advantages of the imperial state’s intervention in the economy.It was this that distinguished the Song dynasty from other dynasties in terms of the prosperity of the commodity and monetary economy.展开更多
文摘Since the beginning of this year,in the backdrop of a complex and volatile external environment,China has placed greater emphasis on boosting consumption to comprehensively expand domestic demand.Various policies to stimulate consumption have been gradually implemented with tangible results,consolidating the steady growth in consumption and the positive trends in structural adjustments.
文摘During the Central Economic Work Conference held at the end of 2024,the need to“create a full range of new consumption scenarios and expand the scale of consumption”was highlighted.In March of 2025,the general offices of the Central Committee of the Communist Party of China(CPC)and the State Council jointly issued the Plan on Special Initiatives to Boost Consumption.This plan identified initiatives to upgrade service consumption and enhance people's wellbeing as a key task for stimulating consumption.
文摘“A sound consumer finance environment is vital in helping to prosper the holiday market and stimulating consumption vitality.”——Guo Wuping,Spokesperson of the National Financial Regulatory Administration and directorgeneral of the Policy Research Department of the NFRA.
文摘The fact that industrial and commercial taxation in the Song dynasty greatly exceeded agricultural taxation was unprecedented in previous dynasties.This is mainly explained by the Song government’s financial and economic policy which was dominated by industrial and commercial taxation,made good use of the laws and characteristics of market relations and the commodity economy in business operations,actively stimulated consumption and was clearly utilitarian.Under this policy,the rulers,in pursuit of huge profits,used state power and mobilized various resources to implement a monopolies system and a commercial tax system,which,in turn,helped develop the commodity money economy,expanded the scale of market exchange and promoted the high degree of development of the commodity economy of the time.The financial and economic policy of the Song dynasty showed the unique advantages of the imperial state’s intervention in the economy.It was this that distinguished the Song dynasty from other dynasties in terms of the prosperity of the commodity and monetary economy.