China accelerates consumption-driven growth model

陈小将

People enjoy a meal at a restaurant in a historical block in Nanhu district of Jiaxing city, East China's Zhejiang province. [Photo/Xinhua]

Editor's note: China recently issued a special action plan for boosting consumption, focusing on enhancing consumption capacity, releasing consumption willingness, optimizing consumption environments and unlocking consumption bottlenecks.

This comprehensive policy package introduces far-reaching measures to refine institutional mechanisms for consumption promotion, unlock new market potential, and accelerate China's shift toward a consumption-driven economic growth model.

Let's take a look at how the special action plan will facilitate consumption.