Related Article: China's July factory output, retail sales growth slump in blow to economic momentum - bdnews24.com - Thursday, August 14, 2025, 11:58:54 PM Eastern Daylight Time
Target: National Bureau of Statistics of China, State Council of the People’s Republic of China
Goal: We urge Chinese policymakers to implement robust social protections, fair wages, and investment in public services to boost domestic consumption and ensure economic stability.
China’s latest economic figures show factory output at its lowest growth in eight months and retail sales at their slowest pace since December 2024. Despite policy measures, weak domestic demand and external risks continue to threaten economic momentum. Workers face job insecurity, stagnant wages, and the impacts of extreme weather, while excessive competition drives down prices and profits.
To achieve sustainable growth and meet the government’s 2025 targets, it is essential to empower workers, strengthen social safety nets, and stimulate domestic consumption. Economic prosperity must be shared equitably, with investment in public services and protections for those most affected by economic uncertainty.