SHANGHAI/HONG KONG -- China's government has mapped out an "action plan" that calls for supporting employment and the stock market to stimulate domestic consumption, but the move generated little immediate excitement among investors.
Economy
China launches 'action plan' to spur consumption, lock in retail upswing
Sales rise 4% in early 2025; eight-point blueprint aims to lift minimum wage, buoy stocks
Shoppers in Shanghai in late February. China's government is touting a new plan to shore up consumer spending. © Reuters
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