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  • China to further support new business forms and models, boost new types of consumption

    China will take policy steps to boost new types of consumption by supporting new business forms and models, with a view to promoting economic recovery. The meeting also outlined plans to advance medical education in an innovative way to build a talent pool for protecting people's health.

    September10,2020


  • Shopping boosted after Hainan raises duty-free shopping quotas

    Offshore duty-free shopping in Hainan soared to 5.58 billion yuan ($816 million) in the two months from July to August, increasing 221.9 percent year-on-year, with cosmetics becoming the best seller in both sales volume and transactions, Haikou Customs District of China said on Tuesday.

    September08,2020


  • NE. China's Liaoning to launch 20 kinds of activities in promoting domestic consumption

    Local authorities in northeast China's Liaoning Province announced to launch 20 kinds of consumption activities, promoting local consumption and digging its consumption potential, reported Liaoning Daily Tuesday.

    September03,2020


  • Shanghai to further tap potential of consumer market

    Shanghai is planning more pro-consumption campaigns in the coming months to further boost market vitality as consumer demand, held back by the COVID-19 epidemic, rebounds.

    September01,2020


  • NW. China Xinjiang unveils 16 measures to boost consumption

    The local authority in northwest China's Xinjiang Uygur Autonomous Region recently unveils 16 measures aiming to create a sound consumption mechanism, reported local newspaper Xinjiang Daily Wednesday.

    July09,2020


  • China likely to see faster economic recovery in H2 of 2020, institutions

    China's economy is likely to revive in the second half of this year, with growth rate expected to return to the pre-epidemic level, according to the economic forecast released by institutions recently.

    June24,2020


  • NW. China's Shaanxi announces measures to boost consumption

    Northwest China's Shaanxi Province unveiled a slew of measures to spur consumption recovery in a bid to mitigate the impact of COVID-19 outbreak on economy, reported the Shaanxi Daily on Tuesday.

    June03,2020


  • China's economy on track of recovery as signs show consumption rebounds

    China's economy is on the track of recovery as an increasing number of signs recently showed domestic consumption rebound, reported the Xinhua-run Shanghai Securities Journal Thursday.

    May14,2020


  • Shanghai's online retail sales exceeds RMB 40 bln in first 10 days of May

    Shanghai's online sales grew rapidly from May 1 to 10, with online retail sales exceeding 40 billion yuan, Hua Yuan, director with Shanghai Municipal Commission of Commerce told a press conference on Wednesday.

    May13,2020


  • China's MOC, UnionPay jointly unveil work plan to boost resident consumption

    China's Ministry of Commerce (MOC) and China UnionPay jointly released a work plan to boost commercial circulation and resident consumption, according to a circular posted on the website of the MOC on Monday.

    May12,2020


  • China takes measures to boost auto consumption

    Chinese authorities unveiled a slew of measures to stabilize and expand car consumption, amid efforts to ensure the stable and normal operation of the economy, said an official circular Wednesday.

    April30,2020


  • Chinese city launches unconditional refund services to boost consumption

    The city of Suzhou, east China's Jiangsu Province, has released a policy offering a money-back guarantee for offline shoppers to spur consumption that has been hit by the coronavirus outbreak.

    April28,2020


  • East Chinese city offers more e-vouchers to boost consumption

    The city of Hangzhou, capital of eastern China's Zhejiang Province, will issue a fourth round of e-vouchers worth 75 million yuan (about 10.6 million U.S. dollars) to boost consumption, the municipal government said Thursday.

    April10,2020


  • E-coupons spur up China's epidemic-hit consumption, benefit SMEs

    E-coupons handed out by Chinese cities have greatly spurred up China's consumption during the three-day tomb-sweeping holiday, and benefit numerous small-, micro- and medium-sized businesses in particular, reported National Business Daily (NBD) Tuesday.

    April09,2020


  • Central Chinese city to hand out RMB400 mln of vouchers to spur consumption

    Zhengzhou, capital city of central China's Henan Province, on Wednesday announced a plan to issue e-vouchers worth 400 million yuan to boost local consumption.

    April02,2020


  • Booming beauty consumption boosts China's economic recovery

    With the orderly resumption of work and production, beauty consumption in China has ushered in a peak season, helping quicken the recovery of the country's economy amid the COVID-19 outbreak, reported Securities Daily on Monday.

    March31,2020


  • China's consumption rebounds across sectors as COVID-19 outbreak eases

    China's daily invoice issuance across sectors have picked up up, pointing to robust momentum of consumption recovery as locally transmitted cases of novel coronavirus disease (COVID-19) continued to recede, a taxation official said Tuesday.

    March31,2020


  • China Focus: Chinese cities launch voucher campaigns to boost epidemic-hit consumption

    Chinese cities have launched voucher campaigns with multiple enterprises to encourage residents to dine out and shop, in an effort to boost consumption hit hard by the novel coronavirus outbreak.

    March25,2020


  • China's Zhejiang rolls out guideline to spur consumption

    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.

    March25,2020


  • Economic Watch: Stay-at-home economy spawns new growth drivers for consumption

    New consumption and retail models emerged from China's "contactless" economy amid its battle against the novel coronavirus outbreak are fueling consumption momentum as new growth drivers.

    March19,2020


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