'China economy will turn more to local market'

'China economy will turn more to local market'

"The new structure led by the internal circulation doesn't mean involution or 'lying flat'," said former Chongqing mayor Huang Qifan, adding that it would help the nation in opening up the economy.
11 hours ago
from: Economic Times

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China, Economy, Huang Qifan
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- 'China economy will turn more to local market'
Foreign trade accounted for 64% of China's economy in 2006 and will gradually decline to about 25%, Huang said at the meeting in Guangzhou. The domestic market will grow as the middle-income population increases, he said.
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China's economy will become more dependent on its domestic market even as it opens up further for global trade, former Chongqing mayor Huang Qifan said at the annual International Finance Forum on Saturday.
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- Middle-income population to rise to 800 million by 2035 in China: scholar
China's domestic demand and opening-up will be accelerated by the country's dual circulation strategy, experts say, adding that the strategy may propel the common prosperity drive, while attract more foreign investment to China.
from: Global Times
- 'China economy will turn more to local market'
Foreign trade accounted for 64% of China's economy in 2006 and will gradually decline to about 25%, Huang said at the meeting in Guangzhou. The domestic market will grow as the middle-income population increases, he said.
from: Economic Times
- China Economy Will Turn More to Local Market, Former Mayor Says
China's economy will become more dependent on its domestic market even as it opens up further for global trade, former Chongqing mayor Huang Qifan said at the annual International Finance Forum on Saturday.
from: Bloomberg
- China Economy Will Turn More to Local Market, Former Mayor Says
China's economy will become more dependent on its domestic market even as it opens up further for global trade, former Chongqing mayor Huang Qifan said at the annual International Finance Forum on Saturday.
from: Bloomberg
- Middle-income population to rise to 800 million by 2035 in China: scholar
China's domestic demand and opening-up will be accelerated by the country's dual circulation strategy, experts say, adding that the strategy may propel the common prosperity drive, while attract more foreign investment to China.
from: Global Times