{"id":51423,"date":"2025-03-19T02:39:29","date_gmt":"2025-03-19T02:39:29","guid":{"rendered":"https:\/\/www.aplf.com\/2025\/03\/19\/china-30-point-plan-to-boost-domestic-consumer-spending\/"},"modified":"2025-03-19T02:39:40","modified_gmt":"2025-03-19T02:39:40","slug":"china-30-point-plan-to-boost-domestic-consumer-spending","status":"publish","type":"post","link":"https:\/\/www.aplf.com\/zh-hant\/2025\/03\/19\/china-30-point-plan-to-boost-domestic-consumer-spending\/","title":{"rendered":"China &#8211; 30-point plan to boost domestic consumer spending"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"51423\" data-post-id=\"51423\" data-obj-id=\"51423\" class=\"elementor elementor-51423 dce-elementor-post-51423 elementor-51415\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-372d15d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"372d15d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-865f172\" data-id=\"865f172\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-35eab76 elementor-widget elementor-widget-text-editor\" data-id=\"35eab76\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: left;\">19 March 2025<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0eaeb41 elementor-widget elementor-widget-heading\" data-id=\"0eaeb41\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">China - 30-point plan to boost domestic consumer spending<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9fd9e39 elementor-widget elementor-widget-image\" data-id=\"9fd9e39\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"600\" height=\"418\" src=\"https:\/\/www.aplf.com\/wp-content\/uploads\/2025\/03\/image2.jpg\" class=\"attachment-full size-full wp-image-51418\" alt=\"\" srcset=\"https:\/\/www.aplf.com\/wp-content\/uploads\/2025\/03\/image2.jpg 600w, https:\/\/www.aplf.com\/wp-content\/uploads\/2025\/03\/image2-500x348.jpg 500w\" sizes=\"(max-width: 600px) 100vw, 600px\" style=\"width:100%;height:69.67%;max-width:600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1f5b2b1 elementor-widget elementor-widget-text-editor\" data-id=\"1f5b2b1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #008080;\">Duty-free shopping in Haikou, Henan province<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5088f8a elementor-widget elementor-widget-text-editor\" data-id=\"5088f8a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>China\u2019s central government has announced a 30-point plan to boost domestic spending and consumption. The measures are part of a wider policy of encouraging Chinese consumers to spend more and save less.  By <a href=\"https:\/\/leatherbiz.com\/\" target=\"_blank\" rel=\"noopener\">Leatherbiz<\/a>.<\/p><p><br>Analysts at ING Bank said after the government\u2019s announcement on March 16 that China has one of the highest savings rates in the world. They explained that millions of people in China feel the need to save a higher proportion of their incomes than consumers elsewhere because they feel the need to put money aside for retirement or for their children\u2019s education. <\/p><p><br>The new plan seeks to address this by promising increased aid for students, increased pensions and improved health insurance.<\/p><p><br>ING said expanding middle-class consumption in particular is a key component of the plan. \u201cThe current consumption landscape still tends to be weighted towards either end of the scale,\u201d the financial services provider commented. \u201cMany products are on the low-price and low-quality side or on the ultra-premium side.\u201d  <\/p><p><br>To address this, the plan mentions the need for Chinese companies to build \u201cquality brands\u201d and bring well made products to the domestic market. It also mentions expanding a trade-in programme for products such as cars. <\/p><p><br>Another aspect of boosting consumption will be to increase employees\u2019 right to take annual leave at times of their choice throughout the year. This, observers have said, will boost travel and tourism, including shopping tourism, at times outside the major national holiday periods. <br><br><em>Credit: City of Haikou.<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-f05a6ff elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f05a6ff\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-688f542\" data-id=\"688f542\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>19 March 2025 China &#8211; 30-point plan to boost dome&hellip; <a class=\"more-link\" href=\"https:\/\/www.aplf.com\/zh-hant\/2025\/03\/19\/china-30-point-plan-to-boost-domestic-consumer-spending\/\">\u95b1\u8b80\u5168\u6587 <span class=\"screen-reader-text\">China &#8211; 30-point plan to boost domestic consumer spending<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":51418,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[],"class_list":["post-51423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news-tc","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>China - 30-point plan to boost domestic consumer spending - APLF Limited<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.aplf.com\/zh-hant\/2025\/03\/19\/china-30-point-plan-to-boost-domestic-consumer-spending\/\" \/>\n<meta property=\"og:locale\" content=\"zh_TW\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China - 30-point plan to boost domestic consumer spending - APLF Limited\" \/>\n<meta property=\"og:description\" content=\"19 March 2025 China &#8211; 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