Sentences with phrase «economic rebalancing towards»

China's economic rebalancing towards more consumer - oriented growth has global businesses cautious, but pessimists need only look at the country's annual e-commerce event for a powerful reminder of consumer buying power.

Not exact matches

Although it may be hard to see it in the economic ratios, or in any real restraint in credit expansion, in fact Beijing has already taken serious steps towards rebalancing, although it may take a few more years to see this in the consumption share of GDP.

Yun went on to explain how the US commitment towards the Asia - Pacific can best be demonstrated, noting that while security and defence - related cooperation is important, US «allies and partners... also tell us that, as we deepen our military engagement, we should continue also to emphasize the diplomatic, development, economic, and people - to - people engagement in order to demonstrate our longer - term commitment to our rebalance strategy.»

So it's no surprise Beijing is trying to rebalance economic growth away from heavy industrial investment towards services.