Communist party aims to ‘promote reasonable wage growth’ and to reduce financial burdens amid Trump tariffs
Business live – latest updates
China’s government has announced ambitious plans to “vigorously boost consumption” by putting up pay and reducing financial burdens, in its latest attempt to increase consumer confidence and lift its struggling economy.
The plans, announced by the ruling Chinese Communist party’s (CCP) central committee and state council on Sunday, include aims to “promote reasonable wage growth” and to improve the mechanisms for adjusting the minimum wage.
More Stories
Israelis moving to live in Europe ‘rejuvenating’ Jewish communities
Guardian Essential poll: Albanese scores highest approval rating in almost 18 months as support for Dutton slips
Hungary’s government submits bill to ban Budapest Pride event