What does the "Troika" of China's economic growth mean?

The troika of China's economic growth refers to investment, consumption and export.

From the perspective of expenditure, GDP is the sum of final demand-investment, consumption and net exports. Therefore, investment, consumption and export are often compared to the "troika" that drives GDP growth in economics, which is the most vivid expression of the principle of economic growth.

1, consumption refers to domestic demand, that is, the consumption demand of domestic residents, which is the main driving force of the economy;

2. Investment refers to financial expenditure, that is, the government's expenditure on education, science and technology, national defense, health and other undertakings through a series of budgets, which is an auxiliary expansion of domestic demand;

3. Export refers to external demand, that is, the products of domestic enterprises enter the international market, participate in international competition, and expand the sales of domestic products.