After GDP exceeded 130 trillion yuan for the first time, why did China's economy recover so much this year?

Sina - 04/03
After GDP exceeded 130 trillion yuan for the first time, why did China's economy recover so much this year?

Source: Chengdu Business Daily

On the afternoon of March 4, the Third Session of the 14th National Committee of the Chinese People's Political Consultative Conference opened, officially opening the 2025 National "Two Sessions Time".

Speeding up the economy is an unavoidable topic at the Two Sessions of the Year. At the press conference of the Third Session of the 14th National People's Congress held on the morning of the same day, conference spokesperson Lou Qinjian said at the meeting: "At present, the adverse impacts brought by the external environment have deepened, and my country's economic operation still faces many difficulties and challenges."

Expanding domestic demand and increasing consumption have always been the subject of positive economic development. Looking back at my country's economic report card in 2024, the annual GDP reached a new level of 130 trillion yuan for the first time. Behind the achievements, how to further expand effective demand? How to make people dare to consume and willing to consume? How to speed up consumption’s economic development? At this year's National People's Congress and the Chinese People's Political Consultative Conference, many representatives and deputies put forward their insights on the theme of raising consumption and expanding domestic demand.

▲Data picture according to ICphoto

How to dare to consume, want to consume, and be able to consume?

Precise policies to stimulate consumption potential

"We Chinese all have the tradition of loving money, and it is very important to make consumers dare to consume and willing to consume." Yu Ruifen, member of the National Committee of th...
[Short citation of 8% of the original article]

Loading...