The International Institute for Strategic Studies 118d ago

Olivia Parker, Research Analyst for the IISS China Programme, discusses current trends in China’s domestic consumption under President Xi ahead of the 15th Five-Year Plan being announced. She says China’s consumption has not significantly increased and vigorously boosting consumption has become a top priority in 2026. The CCP plans to boost consumption under the 'invest in people’ (投资于人）slogan, which includes fixing an unequal social-safety net and thus increasing consumer confidence.