Experts: consumption will continue to prop up China’s economic growth

Figures showed China’s consumption is growing at double-digit rates, and that there is more room to develop western and central regions in this country.

Meanwhile, Chinese consumers are demanding new products and services.

According to the Ministry of Commerce (MOC), dissatisfied with cheap domestic brands, Chinese tourists spent at least 1.2 trillion yuan overseas last year on products ranging from rice cookers to smart toilet seats.

Experts said a middle-class lifestyle will lead the world’s second-largest economy to a more consumer-driven growth model.

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