国内英语资讯:Chinas consumption market to maintain stable growth in 2019
MOC data showed China's retail sales of consumer goods reached 34.5 trillion yuan in the first 11 months last year, up 9.1 percent year on year, with consumption contributing to 78 percent of the total economic growth.
Moreover, China has announced special individual income tax deductions to lower the tax burden of people with certain expenditures. The move, which went into effect on the first day of this year, is expected to further stimulate consumption.
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