Tag #Consumption

Showing 25 to 36 of 125 results

europe.chinadaily.com.cn
🌐 85% Global Worthiness
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China Unveils Guideline to Boost Consumption Through Targeted Financial Services

China's central bank and five government departments unveiled a guideline in late June to improve financial support for consumption, focusing on tailored products and services for specific consumer segments and scenarios, aiming to boost the relatively underdeveloped service sector and leverage tech...

Progress

40% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's Trade-In Program Fuels 6.4% Consumer Spending Growth

China's government is using a 300 billion yuan ($42 billion) trade-in program and central bank support to boost consumer spending, resulting in a 6.4 percent year-on-year increase in retail sales in May, with potential for further funding.

Progress

40% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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China's Trade-In Program Boosts Consumer Spending, Economic Growth

China's 300 billion yuan ($42 billion) trade-in program, fueled by government support and ultra-long-term treasury bonds, is driving robust consumer spending growth, exceeding 1.4 trillion yuan in sales year-to-date, with potential expansion to the service sector.

Progress

40% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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China Unveils New Guideline to Boost Livelihoods, Spur Economic Growth

China unveiled a new guideline on Monday to improve people's livelihoods by eliminating hukou restrictions on social insurance, increasing minimum wages, expanding subsidized housing, and encouraging private sector involvement in long-term rental housing, aiming to boost domestic consumption and eco...

Progress

40% Bias Score

No Poverty
china.org.cn
🌐 85% Global Worthiness
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China's Trade-In Program Fuels Surge in Consumer Spending

China's government-backed trade-in program for consumer goods boosted retail sales to 1.1 trillion yuan ($152.8 billion) in the first five months of 2024, driven by over 175 million subsidy units and increased sales of cars, home appliances, and electronics.

Progress

56% Bias Score

Decent Work and Economic Growth
china.org.cn
🌐 85% Global Worthiness
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China's Booming Homemaking Services Market Faces Labor Shortage

China's homemaking services market, encompassing nannies, elderly care, and housekeeping, is projected to reach $181.1 billion by 2026, driven by rising demand and a shortage of over 20 million domestic workers; the government is implementing a national guideline to improve service quality, promote ...

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36% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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Legoland Shanghai Boosts Local Economy

Legoland Shanghai, opened on Saturday, has driven a 70 percent increase in Jinshan district hotel bookings this summer, mostly from outside the region, highlighting the significant economic contribution of theme parks to local economies, mirroring a nationwide 70 percent rise in domestic theme park ...

Progress

36% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's Trade-In Program Fuels Strong Consumer Spending Growth

China's 300 billion yuan trade-in program, bolstered by government bonds and central bank support, has driven strong consumer spending growth, exceeding 1.4 trillion yuan in sales this year, with retail sales up 6.4 percent year-on-year in May—the best since 2024; further funding is possible.

Progress

40% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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China Unveils Plan to Boost Living Standards and Drive Economic Growth

China issued a guideline on Monday to improve its citizens' livelihoods by eliminating hukou restrictions on social insurance, providing subsidies, raising minimum wages, expanding affordable housing, and encouraging private sector participation.

Progress

24% Bias Score

No Poverty
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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China Unveils Plan to Boost Livelihoods, Spur Economic Growth

China released a guideline on Monday to improve its citizens' livelihoods by removing hukou restrictions on social insurance, increasing minimum wages, expanding subsidized housing, and encouraging private sector participation in long-term rentals, aiming to boost domestic consumption and foster eco...

Progress

20% Bias Score

No Poverty
french.china.org.cn
🌐 85% Global Worthiness
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US Tariff Hike and China's Trade Surge Amidst Asian Concerns

China's consumer goods exchange program generated $153.1 billion in sales, while the US plans to double steel and aluminum tariffs to 50%, prompting concerns from Asian leaders about global trade stability; China's April trade value rose 6% to $606.8 billion.

Progress

32% Bias Score

Decent Work and Economic Growth
china.org.cn
🌐 75% Global Worthiness
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China's Tourism Boom Creates Thousands of New Jobs

China's tourism rebound has created new professions like mountain guides earning up to 30,000 yuan monthly and ski patrollers, reflecting increased consumer demand and the impact of events like the 2022 Beijing Winter Olympics; food bloggers generated 133.3 billion yuan in 2024.

Progress

20% Bias Score

Decent Work and Economic Growth

Showing 25 to 36 of 125 results