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Support Economic Justice and Social Protections Amid China's Economic Slowdown
Related Article: China's economy lags in July under pressure from tariffs and a weak property market - WTOP News - wtop.com - Friday, August 15, 2025, 12:47:14 AM Eastern Daylight Time
Target: Chinese National People's Congress, State Council of the People's Republic of China, and international economic organizations
Goal: We call on Chinese policymakers and international economic leaders to prioritize social protections, equitable economic reforms, and direct support for workers and families most impacted by the current downturn.
The latest economic data from China reveals a troubling slowdown: factory output and retail sales are lagging, housing prices are falling, and unemployment is on the rise. The ongoing effects of tariffs, a weak property market, and the aftermath of the COVID-19 pandemic have left millions vulnerable, with job losses and declining household wealth.
As most Chinese families have their savings tied up in property, the housing crisis has had a devastating impact on consumer spending and overall economic security. Despite government efforts to stabilize the market, sales remain weak and developers continue to default, deepening the crisis for ordinary people.
We urge policymakers to take bold action to protect workers, invest in public services, and ensure an equitable recovery that puts people before profits. Now is the time for solidarity, social safety nets, and sustainable economic reforms that address the root causes of inequality and instability.
Key Demands
- Implement robust social safety nets, including expanded unemployment benefits and direct financial assistance for affected workers and families.
- Increase public investment in affordable housing, healthcare, and education to stimulate domestic demand and support community well-being.
- Enact progressive taxation and close loopholes to ensure that the wealthiest individuals and corporations contribute their fair share to the recovery.
- Strengthen labor protections and guarantee living wages for all workers, including those in precarious or informal employment.
- Promote sustainable economic development by investing in green infrastructure and supporting small businesses and cooperatives.
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(C)opyright 2025 - TruthAndResistance.com
(C)opyright 2025 - TruthAndResistance.com