In order to address the imbalance between investment and consumption, the government is expected to enhance its existing support to the retail sector, as a strategic means of driving domestic consumption and economic growth.The Chinese government has prioritized boosting domestic consumption as a major focal point of the 11th Five Year Plan. According to chief economist and spokesperson for the National Bureau of Statistics, Yao Jingyuan, the expansion of domestic consumption is essential to addressing China's three biggest economic problems: overheated fixed-asset investment, a trade surplus, and slow growth in the services industry.Official statistics show that China's
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