Deteriorating demographics and an intense investment-led price war have led to the world’s second-largest economy battling ...

Former Morgan Stanley Asia chairman Stephen Roach said China must target consumption accounting for half of economic output ...

Learn about Say's Law of Markets, how production drives economic demand, implications for growth and policy, and its ...

China will increase the proportion of government investment for people's livelihoods and raise the percentage of household ...

The first priority should be given to counter-cyclical measures, which are the most effective approach to boosting income, ...

Chinese Premier Li Qiang renewed a call for consumption to play a greater role in the economy, underscoring worries among the ...

The goal of economics should be to accurately describe human action. The point of the supply and demand graphs we pick up in ECON 101 is to demonstrate how prices affect consumption. Economics teaches ...

The economic value of demand response that adjusts the power consumption has not been clarified. A control method for maximizing cost-effectiveness of demand response is developed. Using this method, ...