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China: Boosting domestic demand major focus of two sessions brainstorming | Hellenic Shipping News Worldwide

China: Boosting domestic demand major focus of two sessions brainstorming | Hellenic Shipping News Worldwide
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Boosting domestic demand major focus of two sessions brainstorming

SOURCE / ECONOMY By GT staff reporters Published: Mar 01, 2021 08:33 PM Residents enjoy food at Guiyang, Southwest China s Guizhou Province on Friday.  China will work to improve the consumption of domestic residents and support the recovery and development of the consumer service sectors, according to a government work report submitted to the national legislature for deliberation on Friday. Photo:cnsphoto Suggestions for boosting domestic demand are expected to be a major focus of brainstorming during China s forthcoming annual two sessions. With the Chinese economy continuing to roar back in 2021 from the COVID-19 pandemic, consumption - a weak link during the outbreak last year - is expected to transform into a growth booster, starting the 14th Five-Year Plan (2021-25) on a strong note, economists said.

Court-ordered housework compensation heats up social media

Court-ordered housework compensation heats up social media By Cao Yin | chinadaily.com.cn | Updated: 2021-02-24 21:08 A recent ruling that ordered a man to pay 50,000 yuan ($7,700) to his ex-wife as compensation for her housework during their five-year marriage has been heatedly discussed among the public after it was reported by Chinese media this week. The ruling was made by Beijing Fangshan District People s Court in accordance with the Civil Code, which took effect Jan 1. Under the code, a spouse who takes more responsibility for raising children, caring for elderly family members or assisting with household chores can apply for compensation from his or her partner when they divorce.

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