紧缩 (jǐn suō): Shrink / reduce (Verb) — Meaning & Stroke Order

Faced with market fluctuations, the company had to adopt a tightening strategy to maintain operations.

Haven't you noticed that the household budget has tightened significantly recently?

To save money, the company decided to tighten its spending.

Despite the poor economic environment, we do not plan to reduce the funding for the R&D department.

To cope with the crisis, the government announced a new plan that combines fiscal tightening with consumption stimulation.

The economic austerity policy led to a decrease in market investment.

I feel like his social activities have shrunk recently, probably due to excessive work pressure.