China Prioritises Consumer Spending Ahead Of Technology | Reports: Goldman Sachs Plans To Trim Staffing By 3% To 5%
China will make efforts to vigorously boost consumption and investment returns and stimulate domestic demand across the board as one of the major tasks for 2025, according to the government work report delivered by Chinese Premier Li Qiang at the opening meeting of the third session of the 14th National People's Congress (NPC) on Wednesday. Meanwhile, according to reports, Goldman Sachs plans to trim its staffing by 3% to 5% in an annual performance review process this spring.
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