China Vows Bigger Spending to Boost Consumption

China Vows Bigger Spending to Boost Consumption

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The Central Economic Work Conference concluded with broad outlines for China's economic priorities, focusing on boosting domestic demand. Despite the lack of detailed plans, the conference emphasized the need to address challenges in the property sector, exports, and domestic confidence. The growth target is expected to be around 5%, but some economists suggest the actual growth may be lower. The conference also highlighted the importance of fiscal policies and social safety nets to support the economy.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the main priorities outlined by the Central Economic Work Conference for the upcoming year?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the current state of the property sector in China affect the overall economy?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the proposed tariffs on Chinese exports to the United States?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures are being considered to boost domestic consumption in China?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns do households in China have regarding healthcare costs and the economy?

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