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Cover Story: China Targets Income Growth to Rebalance Its Economy

By Cheng Siwei and Han Wei
2026年03月30日 08:00
Faced with weak consumer spending despite rising GDP, Beijing is targeting a lopsided income distribution system to put its economy back on course

For the first time, China has embedded a dedicated plan to raise household incomes into a top-level national policy document, signaling a change in priorities as policymakers grapple with persistently weak consumer spending.

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