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World’s Best Consumption Story

Perspectives Content Submission

Fri, 11 Jul 2014

Household consumption accounts for a small share of China’s GDP: 36% in 2013, down from 46% in 2000. This is quite low when compared to the U.S., where household spending is 68% of GDP, or the U.K., where the share is 64%. The Organization for Economic Co-Operation and Development (OECD) average is

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