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 Silk Road Database
Policy

China to accelerate construction of international consumption centers

March 27, 2025


Abstract : China's State Council on Wednesday released a document formulated by the Ministry of Commerce to accelerate the transformation of certain cities into international consumption centers.

330051121211469824.jpg

Consumers select blind boxes at a Pop Mart store in Xidan Joy City, a shopping mall in Beijing, capital of China, Dec. 28, 2024. (Xinhua/Shi Yifei)

BEIJING, March 26 (Xinhua) -- China's State Council on Wednesday released a document formulated by the Ministry of Commerce to accelerate the transformation of certain cities into international consumption centers.

The document states that China will expedite the transformation of Shanghai, Beijing, Guangzhou, Tianjin and Chongqing into such centers. It also aims to create a globally attractive consumption environment, expand domestic demand and promote high-standard opening-up.

China will actively promote the debut economy. For example, it will work to attract global high-quality brands to open flagship stores, set up R&D design centers and establish regional headquarters, thus perfecting the debut economy's ecosystem.

The country will expand its unilateral visa-free travel policy in an orderly manner, improve its consumption environment, and better leverage the role of duty-free stores and the national tax-refund-upon-departure policy.

It also plans to organize various large-scale consumption promotion activities, support the hosting of more high-level international sports events and performance shows, and increase the supply of high-quality goods and services.

Additionally, it will deepen economic and trade cooperation and people-to-people exchange, according to the document. 

Scan the QR code and push it to your mobile phone

Keyword: international consumption centers

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.

Identifying code 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