China Expands Measures to Support Domestic Consumption Amid Economic Adjustment

China has introduced a series of new measures aimed at boosting domestic consumption as part of efforts to stabilize economic growth during ongoing structural adjustments. The initiatives focus on encouraging household spending, supporting small and medium-sized businesses, and improving consumer confidence through targeted incentives and policy support. Authorities are also emphasizing job stability and income growth to strengthen purchasing power, while promoting sectors such as retail, services, and digital commerce. Economic analysts believe these steps reflect a strategic shift toward consumption-driven growth, helping China reduce reliance on exports and investment while maintaining steady momentum in its broader economic development agenda.