đ Beijing's finance chiefs are shaking things up! Instead of the usual infrastructure spending, they're boosting the economy by encouraging demand. đž
- New subsidies for households & companies buying equipment
- Shift from roads & railways to consumer spending
- Provinces still tightening belts, causing mixed results
Economists say this could help China hit its 5% growth target. Will this new approach work? Share your thoughts below! đ
#Economy #China #Finance #Growth #Subsidies #FiscalPolicy #Bloomberg