Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Credit
Local

China's Zhejiang rolls out guideline to spur consumption

March 25, 2020


Abstract : Eastern China's Zhejiang Province has released a guideline to spur consumption with moves including gradually relaxing car purchase rules in the provincial capital Hangzhou.

HANGZHOU, March 25 (Xinhua) -- Eastern China's Zhejiang Province has released a guideline to spur consumption with moves including gradually relaxing car purchase rules in the provincial capital Hangzhou.

The province, home to e-commerce giant Alibaba and the major commercial hubs of Yiwu and Wenzhou, will focus on stimulating digital, health and car consumption as the epidemic situation has improved, according to the guideline.

The province rolled out 16 specific moves, including promoting online services such as online markets, restaurants and livestream shopping, accelerating AI applications in the consumption area and 5G infrastructure construction.

The guideline also noted spurring car spending in urban and rural areas, as well as promoting the secondhand car market.

To increase leisure spending, the province encouraged government agencies, companies, and institutions to explore a 4.5-day workweek, following the moves of multiple Chinese provinces.


Scan the QR code and push it to your mobile phone

Keyword: Zhejiang consumption guideline

Reading:

China Focus: Chinese tech firms offer online platforms to aid global pandemic fight

China Focus: Tourism industry picks up as coronavirus outbreak subsides

Big data technologies bring smart solutions to fight against epidemic

China Focus: China ups customs measures as imported cases top 350

Epidemic not likely to depress China's economy in the long term: official

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial