Chinese shoppers

With a per capita gross domestic product (GDP) far below that of rich economies, it is really galling to know that Chinese consumers have to pay more at home than they would overseas for "Made-in-China" goods.

Chinese policymakers should no longer ignore the problem.

A thorough examination of the situation is badly needed if China is to boost domestic consumption into a key growth engine as soon as possible to sustain its long-term growth.