CF40 Experts: Chinese Mainland’s Strategy to Buffer U.S. Tariff Shock
CF40 experts say boosting domestic consumption, raising incomes, and opening to foreign investment will help mitigate the impact of U.S. tariffs on the Chinese mainland economy.
Income Growth
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China’s Disposable Income Soars 6.1% in 2023, Bridging Urban-Rural Gap
China’s per capita disposable income increased by 6.1% in 2023, with rural incomes rising 8.4%, narrowing the urban-rural gap, according to Premier Li Qiang.