At the outset of China’s Two Sessions, Chinese Premier Li Qiang outlined the ways in which the government plans to boost consumption over the coming year in order to spur economic growth, including an expansion of the country’s “Old for New” trade-in scheme. In this video, CEIBS Professor of Economics and Santander Chair in Economics Zhu Tian outlines the ways in which he believes the government could go further in prioritising consumption.

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