Only around half of consumer spending is taxed at the standard VAT rate of 20%, a low share compared with other rich countries.
只有大约一半的消费者支出按20%的标准增值税税率纳税,这一比例与其他富裕国家相比较低。
Smaller oil companies, meanwhile, do not have nearly the same financial muscle, and so cannot maintain spending at last year’s rate.
与此同时,规模较小的油企由于金融实力不在同一个档次上,因此无法将开支保持在去年的水平上。
These efforts should continue to help boost consumer spending by reducing the excessively high savings rate.
这些举措将继续降低过高的储蓄率,促进居民消费。
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