Chinese President Xi Jinping introduces a new catchphrase for economic revival, emphasizing industrial policy, intelligent tools, and machines.
Chinese President Xi Jinping's new catchphrase focuses on reviving the economy by emphasizing industrial policy. This slogan is expected to signify a shift towards a greater emphasis on manufacturing intelligent tools and machines, with investors speculating related firms will benefit from increased state spending and growing markets. This new catchphrase follows previous influential slogans such as "socialism with Chinese characteristics" and "common prosperity."
March 18, 2024
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