Consumption stimulus is top priority for Chinese policymakers

A consumer buys vegetables at a supermarket in the city of Yantai, Shandong province.- China Daily/ANN

BEIJING (China Daily/ANN): To stabilise domestic consumption, a major growth driver that has been dampened by the novel coronavirus outbreak, China must come up with more policy measures, including the issue of special government bonds that can increase fiscal spending and boost demand, economists said on Thursday (March 12).

The country is scheduled to release a set of key economic data next week, including total retail sales for January and February.