China plans to issue sovereign bonds worth about 2 trillion yuan to subsidize consumer goods purchases and child support, marking a shift towards stimulating consumption. This move aims to boost household demand, which has been low compared to investment, but achieving sustainable growth will require long-term structural changes. China plans to issue sovereign bonds worth about 2 trillion yuan to subsidize consumer goods purchases and child support, marking a shift towards stimulating consumption. This move aims to boost household demand, which has been low compared to investment, but achieving sustainable growth will require long-term structural changes. Economic Times
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