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Consumption boost will provide engine for further expansion and more choice

Consumer products giant Procter & Gamble announced on Tuesday it would invest 0 million over three years in its China Digital Innovation Center in Guangzhou Development District.

Conrad, of the ADB, says: "The government on both the fiscal side and the monetary side has bought itself more flexibility, which it feels it needs this year, with the international environment being a little bit less predictable. On the one hand, the government is interested in reducing some of the risks — local government debt, financial sector leverage, nonbank financial institutions. That all leads to tightening monetary and fiscal policies. Indeed, since headline growth is still strong, they should tighten a little bit. On infrastructure, it is a good moment to tighten. On the other hand, no one knows what to expect in the second quarter, so you need to be flexible. The policy approach allows the government to be flexible and supportive where necessary and tighten and be less supportive where that is merited."

Courts have strengthened efforts against wrongful convictions over the past five years, with the aim to better protect human rights and uphold justice, according to the top court.

Contact the writers at ouyangshijia@chinadaily.com.cn