What has become the first driver of China's economic growth in the last 10 years

In the last 10 years, consumption has become the first driver of China's economic growth.

In the past 10 years, consumption has become the first driver of China's economic growth, ranking second in the world in terms of volume after the United States. Consumption is an important and final link in the process of social reproduction. It refers to the process of utilizing social products to satisfy people's various needs. Consumption is further divided into production consumption and personal consumption.

Comparison and Revelation.

Consumption policies in China and abroad have both certain similarities and great differences. For example, both initially implemented the policy of heavy production and light consumption, both are in the economic development by the serious constraints of the lack of effective demand before starting to pay attention to the guidance and regulation of consumption and so on.

But because China and the West in the cultural tradition, historical inheritance, ideology, economic system and many other aspects there are huge differences, and thus in the formation of the evolution of consumption policy and its practical application of the performance of the greater differences.