Spending can be boosted by easing housing, healthcare, education burden

THE NATIONAL DEVELOPMENT AND REFORM COMMISSION, the country's top economic policy planner, hosted a pro-consumption meeting last week to translate the State Council's two documents on stimulating cultural, tourism and goods consumption into workable policies. 21st Century Business Herald comments:

That 31 ministerial-level departments sent representatives to the meeting indicates the government is pinning great hopes on further exploring consumption's potential to inject fresh impetus into the economy.

To what extent these to-be-made pro-consumption policies can realize their desired effect depends on whether the factors that curtail people's spending behavior can be effectively addressed.