The Chinese government has introduced an economic plan designed to wean the country off a reliance on exports and to increase domestic food production and consumption in the coming decade.
Published 15 December, 2022, the document, titled “Strategic Planning Outline for Expansion of Domestic Demand (2022-2035),” sets a goal of boosting domestic consumption to 50 percent of China’s GDP, repositioning the country away from a reliance on infrastructure spending to drive its economy.
Already the world’s biggest seafood market, a surge in Chinese consumption would supercharge China’s clout as a seafood-consuming nation ...
Photo courtesy of OSTILL is Franck Camhi/Shutterstock
