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Hong Puzhao's Viewpoint: the "Fireworks Economy" Extinguished by Li Keqiang Reignites: Why Has China Picked up the Street Vendor Narrative Again?
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Newtalk News In 2020, then-Premier Li Keqiang's statement that the street vendor economy was "the lifeblood of humanity, the vitality of China" briefly tore a crack in the narrative of China's economy. It was a realistic response, frankly acknowledging the immense pressure on grassroots employment and the inability of grand plans to support people's livelihoods. However, this spark was quickly extinguished before it could even fully ignite. From…
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