Name: Cash, Stocks, and Babies: Inside the Bold Plan to Save Spending | Videos | Gan Jing World - Technology for Humanity | Video & Movie Streaming
Uploaded: 2025-03-29T00:15:03.773Z
Duration: 10 min 44 s
Description: In March 2025, the State Council unveiled a plan to boost consumption, spotlighting shrinking domest... | Videos | Gan Jing World - Technology for Humanity | Video & Movie Streaming

Digging into China

https://video3-us-east.cloudokyo.cloud/video/v12/aa/b2/91/aab2918f-e9b9-41eb-9c7b-beb1acb5c2e1/master.m3u8

In March 2025, the State Council unveiled a plan to boost consumption, spotlighting shrinking domestic spending evident in February’s social financing data. The A-share market reacted early, hinting at insider moves, with surges in consumption and financial stocks. The strategy leans on consumer finance and trade-in subsidies, while cities like Hohhot offer bold birth subsidies—10,000 to 100,000 yuan per child—tying into a baby stock boom. The plan promises wage hikes, stock market stability, and rural income boosts, but skepticism lingers over execution. Maternity insurance and modest pension increases signal welfare shifts, yet wealth distribution flaws persist. Job scarcity fuels competition, spotlighted by Huawei’s hiring scandal, underscoring deeper economic woes beyond surface fixes like AI spending or tourism pushes.

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