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China’s month-long consumption campaign aims to ‘unleash spending potential’ of Chinese people

Summary:
[unable to retrieve full-text content]China is gearing up for a month-long campaign to “accelerate the recovery of consumption and unleash the spending potential” of its people, as the country has effectively brought the pandemic under control but is still struggling to boost consumer spending so that it is the driving force behind the nation’s economic recovery.The national consumption festival, hosted by the Ministry of Commerce (Mofcom), will kick off on Saturday in Shanghai with a variety of events such as online sales and auto…

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[unable to retrieve full-text content]
China is gearing up for a month-long campaign to “accelerate the recovery of consumption and unleash the spending potential” of its people, as the country has effectively brought the pandemic under control but is still struggling to boost consumer spending so that it is the driving force behind the nation’s economic recovery.The national consumption festival, hosted by the Ministry of Commerce (Mofcom), will kick off on Saturday in Shanghai with a variety of events such as online sales and auto…

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