Index > Briefing
Back
Wednesday, May 13, 2015
How to Change Underconsumption Situation in China
ANBOUND

Public ownership is the main element of China's basic economic system. Thus most of the income belongs to the public. Limited income of the people leads to underconsumption. The following is what ANBOUND's visiting economist Zhong Wei suggests to do to change the situation. First, the government should change national income distribution and reduce the portion for governments and state-owned enterprises. Second, adjust income distribution for a second time through property tax. Third, allow families to have two children nationwide as soon as possible. Fourth, introspect equalization of social security system and public services.

Copyright © 2012-2025 ANBOUND