The Chinese government is taking proactive measures to mitigate the effects of its trade war with the US by encouraging the country 's tourism and sports industries to boost domestic spending . A document issued by the economic Council revealed that China aimed to boost its domestic economy by increasing personal spending , including the expansion of its private loans sector . With the country 's National economic week approaching , when many Chinese citizens take time off , major tourist companies have also been forced to slash admissions prices in order to further stimulate growth .
The Chinese government is taking proactive measures to mitigate the effects of its trade war with the US by targeting the country's tourism and sports industries to increase domestic spending. A document issued by the State Council revealed that China aimed to boost its domestic economy by supporting personal spending, including the expansion of its consumer loans sector. With the country's National Day week approaching, when many Chinese citizens take time off, major tourist attractions have also been forced to slash admissions prices in order to further stimulate growth.