For the last few years Beijing has encouraged the creation of a consumer credit industry to promote private consumption and rebalance China's rapid economic growth, which relies heavily on fixed asset investment.
For the last few years Beijing has encouraged the creation of a consumer credit industry to promote private consumption and rebalance China's rapid economic growth, which relies heavily on fixed asset investment.
过去数年，中国政府一直鼓励发展消费信用行业，以促进私人消费，同时平衡中国严重依赖固定资产投资的快速经济增长。