PIB
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‘Happiness is not just about GDP’: ambitious plan or utopia?
For decades, economic growth has been treated as the primary indicator of progress. Yet a growing number of researchers argue that rising GDP offers only a partial picture of how…
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How China’s Economy Can Pivot to Consumption-led Growth
China’s Growth Context China’s economy showed 5% growth in 2025, reflecting resilience after multiple shocks and strong export performance. However, domestic demand has remained weak, partly due to a prolonged…