Tag #Consumption

Showing 37 to 48 of 125 results

china.org.cn
🌐 85% Global Worthiness
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China's May Day Holiday: Tourism Boom and Strong Consumption Growth

China's May Day holiday saw nearly 1.5 billion cross-regional trips and a 6.3 percent rise in retail and catering sales, showcasing strong economic momentum driven by a shift towards quality tourism experiences and government consumption-boosting initiatives.

Progress

48% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Wealth Concentration and Increased Economic Opportunity: A Contrarian View

Between 1982 and 2023, the wealthiest 0.00001% of Americans saw their share of total U.S. household wealth rise from 0.1% to 1.2%, a trend the author argues stimulates economic opportunity for the broader population by fueling investment and job creation.

Progress

68% Bias Score

Reduced Inequality
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's Trade-In Program Boosts Retail Sales by 1.6 Percentage Points

China's consumer product trade-in program boosted Q1 2025 retail sales by 1.6 percentage points to 12.47 trillion yuan ($1.7 trillion), benefiting over 120 million consumers with 720 billion yuan in subsidies, driven by 300 billion yuan in government spending and showcasing regional success stories ...

Progress

44% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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China Prioritizes Consumption-Led Growth in 2025 Economic Plan

China's 2025 economic plan prioritizes boosting domestic consumption through increased household income, social security expansion, and a 300 billion yuan consumer goods trade-in program, aiming to counter US tariffs and global uncertainty, with initial success seen in increased sales of new energy ...

Progress

12% Bias Score

No Poverty
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's Plan to Transform Five Cities into International Consumption Centers

China launched eight initiatives to transform Shanghai, Beijing, Guangzhou, Tianjin, and Chongqing into international consumption centers, aiming to boost domestic demand and global influence by 2025, with foreign arrivals doubling in 2024 compared to 2023.

Progress

44% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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China Unveils Plan to Transform Five Cities into International Consumption Centers

China's State Council outlined eight initiatives to develop Shanghai, Beijing, Guangzhou, Tianjin, and Chongqing into international consumption centers, aiming to boost domestic demand and global influence by promoting a 'debut economy', improving entry policies, and leveraging technology.

Progress

40% Bias Score

Decent Work and Economic Growth
spanish.china.org.cn
🌐 85% Global Worthiness
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China's May 1st Holiday: Robust Consumption and Travel Surge

During China's May 1st holiday, domestic passenger trips surged 8% year-on-year to 1.467 billion, while retail and catering sales rose 6.3%, showcasing robust economic vitality and diverse consumption patterns across both major and smaller cities.

Progress

52% Bias Score

Decent Work and Economic Growth
french.china.org.cn
🌐 85% Global Worthiness
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China Lowers Tax Refund Threshold to Boost Tourism Spending

China lowered the minimum purchase for tax refunds for foreign tourists to 200 yuan ($27), enabling in-store refunds and aiming to boost tourism and spending, with the policy extending nationwide after a successful trial in major cities.

Progress

44% Bias Score

Decent Work and Economic Growth
china.org.cn
🌐 85% Global Worthiness
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China's 'Debut Economy' Drives Luxury Brand Expansion

In response to China's 'debut economy' initiative, luxury brands like Loro Piana, Tiffany & Co., Moncler, and Celine are expanding their presence in China with new stores, exhibitions, and product launches, reflecting confidence in the Chinese market and government support.

Progress

44% Bias Score

Decent Work and Economic Growth
german.china.org.cn
🌐 85% Global Worthiness
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China's Retail Sales Surge 5.9% in March, Driven by Government Policies

China's March retail sales increased by 5.9 percent year-on-year, reaching 4.094 trillion yuan ($492 billion), driven by government initiatives and the emergence of new consumption trends, highlighting the country's focus on domestic consumption as a key economic driver.

Progress

40% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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China's Plan to Transform Five Cities into International Consumption Centers

China is implementing eight initiatives in five cities (Shanghai, Beijing, Guangzhou, Tianjin, and Chongqing) to boost consumption and global influence, including a "debut economy" and immediate tax refunds for tourists, aiming to improve the consumption environment and attract foreign visitors.

Progress

48% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
🌐 75% Global Worthiness
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Guangzhou Offers Trade-in Subsidies to Boost Consumption During Canton Fair

Guangzhou offers trade-in subsidies up to \$2,816 for new energy vehicles and 20% for appliances to Hong Kong, Macao, Taiwan residents, and foreign nationals attending the Canton Fair, boosting consumption and showcasing the city as an international consumption center until the year's end.

Progress

36% Bias Score

Reduced Inequality

Showing 37 to 48 of 125 results