The Central Economic Work Conference is about to be held. How will economic policies be strengthened next year? Wang Wei, former director of the Market Economy Research Institute of the Development Research Center of the State Council and a second-level researcher, recently stated that expanding domestic demand, and boosting consumption in particular, will be a top priority in next year's economic work. She stressed that fiscal policies should increase support for consumption, so that residents are both willing and able to spend. From the consumer side, Wang Wei pointed out, “Without enough free time, it may be difficult to travel on vacation or even go to shopping malls on the weekend.” She said that better implementation of paid leave and flexible paid leave is an important condition for stimulating residents' consumption. In terms of the leave system, she suggested that further measures be taken to increase the number of public holidays.

The Central Economic Work Conference is about to be held. How will economic policies be strengthened next year? Wang Wei, former director of the Market Economy Research Institute of the Development Research Center of the State Council and a second-level researcher, recently stated that expanding domestic demand, and boosting consumption in particular, will be a top priority in next year's economic work. She stressed that fiscal policies should increase support for consumption, so that residents are both willing and able to spend. From the consumer side, Wang Wei pointed out, “Without enough free time, it may be difficult to travel on vacation or even go to shopping malls on the weekend.” She said that better implementation of paid leave and flexible paid leave is an important condition for stimulating residents' consumption. In terms of the leave system, she suggested that further measures be taken to increase the number of public holidays.