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China's government spends less than many citizens in the same country or income levels, analyzes at Beijing times to promote its economy.
Country leaders will introduce new target targets at the annual Youth Rubber Rabber Rabber and the way to revive A weak home claim Following the bubb explosion.
China spends only 6% gdp percent of a person's use – services are directly teaching citizens – while households spend some 38% of the world's data.
Data analysis showed government spending on ChinaCategorized as a high revenue country in the World Bank, Lags after many members in Brisp for the race group, including Brazil and Russia. It is also lower than one of the emerging and emerging economy.
Robin Xing, china Economist in Morgan Stanley, said the analysis of the demand for Beijing is chosen to increase social welfare.
“Without a serious social welfare reserves, people will keep all of these wise to prevent food,” said Xing.
Economic experts expect to be a becoming a becoming month to increase the government's budget from 3% of GDP to 4 per cent for the release of growth.
Premier L qiiang, china leader, said Thursday's need to play “the role of control” “in the previous country. Introduce consumer purchase subsidy As part of the effort to grow used.
China quickly increase its social welfare system to increase pensions in rural areas and health care system in 1.4BN. But the monthly pension payments and the payment of health insurance can be reduced.
Economic experts say that any additional expenditure must be directly directly to the use of traveling housing than the investment as investment of investment infrastructure.
Data, using 2021 digits available – showed the government of the Indian China income, spent more than 4 percent of the GDP. US and Mexico, mental, spent about China.
But social workers say these countries are still able to control the highest levels of using China, underwing the lowest world economy.
Economic experts say there are structural and cultural reasons for the difference between countries. The US, for example, had a developed developed program of private sector, which can give the customers to spending.
“US households are more comfortable in their net,” Lynn Comcital. “In china pension payments are usually low.”
He said to a retirement 'wants to use their savings over retirement benefits, and perhaps there may be witchcraft in Chinese families.
In the US, the customers were very willing to use the debt more than their Chinese partners, driving privately secretly.
Alicia Garcii-Herrero, Asia Pacific at Natatis, countries as the US has also had families that allow families to be insured.
In China, life insurance continued but other insurance alternatives were failing.
“There is no way to protect – the government or the private sectors give you. Then you need to save you,” gartia-herrero said.
Michael Petis, high-line based carnegie of the world's Peace, said the best way to expand the china confidence will be a large investment, which goes immediately to pensions.
“You have to spend more money now. So all those people have already retired, twice as to their pension – will show expenses,” Peter said.