Therefore, there is tremendous potential for growth, driven by the needs of domestic consumption.
Many economists argue that the impact of the crisis could be mitigated by stimulating domestic consumption.
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The nation needs to promote domestic consumption through continuing to open up its markets.
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Compared with the previous quarter, domestic consumption fell by 0.7%, while investment dropped by 2.3%.
If the trend toward increased domestic consumption gathers steam, it should improve U.S.-China relations dramatically.
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While China is all about exports, India is an economy that thrives on domestic consumption.
Usually that water is contaminated however, whether used for agriculture, domestic consumption or industry.
Many analysts have said that stoking inflation is key to spurring Japan's domestic consumption.
Recent economic expansion has been driven by construction, mining, and private investment, exports, and domestic consumption.
They are particularly anxious to do so for domestic consumption, to ensure their continued rule.
He is not a proponent of harrying Berlin to reflate to boost domestic consumption.
Chinese leaders are trying to nurture self-sustaining growth driven by domestic consumption instead of trade and investment.
China, by shifting to domestic consumption, can play a more constructive role and help to sustain growth.
China believes that its economic strategy to reorientate its growth towards domestic consumption already meets US demands.
India needs an improvement in domestic consumption, helped along by lower oil prices and lower interest rates.
With domestic consumption climbing and production falling, these countries have less oil available for export every year.
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According to the new government, deflation is the biggest hurdle to Japan's efforts to boost domestic consumption.
The Bank of Japan has also raised its inflation target to 2% in a further attempt to boost domestic consumption.
Chinese leaders are trying to nurture more self-sustaining growth based on domestic consumption rather than exports and investment.
Meanwhile, policymakers have found it tough to boost domestic consumption in South Korea, which has also affected growth.
Were Japan's recovery broad-based, an export slowdown would matter less, because domestic consumption would take up the slack.
Japan's economy has been hurt by a dip in exports amid slowing global demand and subdued domestic consumption.
Australia's economy has also been hurt by a variety of other reasons, not least a subdued domestic consumption.
Many believe China has to increase domestic consumption, rather than relying on investment in infrastructure projects and exports to fuel growth.
Adelman believes that no matter how far domestic consumption drops, the industry's pricing power will more than offset it.
But Iran needs the gas for domestic consumption and to pump into existing oilfields to keep the crude flowing.
Japan's growth has been hurt by a drop in exports to key markets as well as subdued domestic consumption.
All four of these guys liked the domestic consumption story in the BRICs.
Chinese officials say they plan to boost domestic consumption as a share of GDP, and Woo is a believer.
Domestic consumption of spuds is about 90 kilos (200lb) per head a year, according to Ismael Benavides, the agriculture minister.
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