Consumption-Boosting_YearRETROSPECT Consumption-Boosting Year To boost consumer confidence and consumption vitality, China’s Ministry of Commerce designated 2023 as the “Consumption-Boosting Year” in January. China launched 20 measures in six areas to encourage and expand consumption. Moreover, the ...
State Council,the Ministry of Commerce stated that this year would be designated as "2023 the Year to Boost Consumption",and as the main line,national consumption promotion activities would be carried out as a whole to stimulate market vitality and form a wave after wave of consumption upsurge...
On February 2,2023,at the press conference held by the Information Office of the State Council,the Ministry of Commerce stated that this year would be designated as "2023 the Year to Boost Consumption",and as the main line,national consumption promotion activities would be carried out as a ...
That’s the first mention of such specific policy tools in at least a decade, underlining an unusually direct style of language that indicates urgency to boost confidence. “Top leaders are now prioritizing boosting consumption and investment in 2025, shifting focus from the industrial upgrading and...
China is witnessing continuous expansion of consumption scenarios,improved consumption expectation,growing market sales and obviously rebounding service consumption.An Associated Press report said that China's economic growth is accelerating with consumption boost. ...
"One of the reasons is that we expect that the new program, which is called trading and equipment upgrade, put in place by the Chinese authority, will help boost consumption and investment and growth at the same time," s...
China's top market regulator on Monday announced that it will implement a three-year action plan to optimize the consumer environment beginning next year, as part of broader efforts to boost domestic consumption. China will also upgrade its complaint and report processing system and address the pai...
According to a three-year plan to boost domestic tourism released by the MCT in mid-November, the role of scientific technology in facilitating tourism will be further enhanced, and new technologies will be more widely applied at tourist sites. ...
To boost green consumption, Shanghai is to expand the effective supply of green low-carbon products, support large shopping malls to develop into national green shopping malls, and cultivate a batch of green business entities.Green restaurants will be established, while the subsidy policy has been ...
Digital currency is an important part of the digital financial system, said Dong Ximiao, chief researcher with Merchants Union Consumer Finance Company Limited. "Digital yuan helps boost residents' willingness to consume and promote consumption growth," he added....