Part 4/12:
However, observers argue that these initiatives amount to little more than temporary fixes. Factory owners emphasize the need for tangible tax relief and more substantial subsidies to maintain operations. Many fear that without such support, they may be forced to shut down due to dwindling sales. This dire situation underscores two pervasive issues: chronically weak consumer demand and inadequate fiscal conditions in China, complicating the feasibility of extensive tax reductions or subsidies.