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Consumer spending falls short

By Wang Ying in Shanghai | China Daily | Updated: 2013-10-19 08:26

Experts say still significant space for increase in domestic consumption

Consumer spending contributed 45.9 percent of the nation's economic growth in the first three quarters of 2013, falling short of becoming a major driver for GDP expansion, the spokesman for the National Bureau of Statistics said on Friday.

Investment generated 55.8 percent of the growth, which stood at 7.8 percent, Sheng Laiyun told a news conference in Beijing.

Consumer spending falls short

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