China treats both criticism and praise matter-of-factly
1 year, 8 months ago

China treats both criticism and praise matter-of-factly

China Daily  

Newlyweds walk the red carpet during a group wedding in Zhangjiajie, Hunan province, on Sunday. The over 1.4 billion Chinese people have benefited from the country's development and rising incomes — more than 100 times — during the period. While prices kept increasing in many countries in recent times because of the food and energy crises, China managed to keep the consumer price index rise to 2 percent last year — while the average disposable income of the Chinese people increased by 5 percent. Although China's GDP growth is slowing down because of factors such as the worsening international investment and trade environment, the COVID-19 pandemic, and Western countries' sanctions against some Chinese enterprises, the lives of the common people in China have not been much affected due to the government's people-centric development policies. In fact, despite the tax exemptions and deductions, which benefited businesses but decreased the Chinese government's financial revenue, China kept increasing spending on sectors that are closely related to people's lives and livelihoods.

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