Consumers to Become the New Momentum of China's Economy

Vice President of the State Statistical Bureau, Qiu Xiaohua, gave a thematic speech at the Further Research onChina's Economy seminar. He said interms of the overall achievement ofChina's economy over more than 50years, the momentum of the economyvaried. During the first period, it wasthe government. Under the plannedeconomy, the government was the engine of the economy. Since the reform,companies have gradually become theengine of the economy, and corporateperformances have directly dete…