Former central bank advisor Liu Shijin called for stimulus to focus more on boosting household incomes and renewed his proposal to increase China's basic pension for rural residents and unemployed urban citizens from just over 200 yuan per month to 1,000 yuan, arguing stronger social support would help revive domestic consumption and rebalance the economy.
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TonyEvidence Quote
“Increase China's basic pension for rural residents and unemployed urban citizens from just over 200 yen per month to 1,000 yen, arguing stronger social support would help revive domestic consumption and rebalance the economy”
Source
China's Top Economists Just Give Beijing A Dire Warning | Japan & China Tensions | Russia-China— China UpdateCreated: 8/12/2026, 6:27:25 PM
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