Economists reckon that total consumption—including state spending on things like running schools and hospitals—will have to ...

“This is the most comprehensive directive on stimulating consumption since China’s reform and opening-up [in the late 1970s], ...

People used to even small luxuries will become sullen when their buying power shrinks. Good economics is about leading people to the pot of gold at its end, not switching off the lights to save ...

The plan encourages the development of community-embedded care and employer-sponsored childcare-integrated services. These ...

Inflation rose faster than expected in February, according to the PCE report released Friday. Meanwhile, spending rose less ...

China has made significant investments and progress in infrastructure such as power, gas, railways, highways, airports and ...

Friday's PCE data release comes as investors closely watch where inflation stands at the onset of President Trump's tariff ...

Peng Sen, president of the China Society of Economic Reform, said Tuesday authorities should make efforts to boost consumption as a share of gross domestic product to 70% by 2035 from about 55% ...

Assured income after retirement will not only help in ensuring a higher standard of living for the retired but also spur consumption growth in the economy | Photo Credit: Andrii Yalanskyi The Unified ...

We need to allow local entrepreneurs to compete by selling experiences,” said Supervisor Manu Koenig. “And as as a ...