Tag #Domestic Consumption

Showing 1 to 11 of 11 results

french.china.org.cn
🌐 85% Global Worthiness
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China's Consumption Boom: Retail Sales Surge 5% Amidst Government Stimulus

China's retail sales increased by 5% year-on-year in the first half of 2025, reaching ¥24.5 trillion, fueled by a ¥300 billion consumption recovery program and a 94.6% year-on-year surge in tax refund sales for foreign tourists, demonstrating the government's focus on boosting domestic consumption a...

Progress

36% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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China's 'Silver Hair Trains': Countering Tariffs Through Domestic Consumption"

To counter US tariffs, China is promoting domestic consumption, particularly among its 310 million+ retirees (22% of the population), using initiatives like 'Silver Hair Trains' for domestic tourism, boosting local economies in less-developed regions while providing retirees with leisure opportuniti...

Progress

36% Bias Score

Reduced Inequality
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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Wumart aids exporters by selling their goods in Beijing stores and online

Wumart Group in Beijing launched a program to sell products from over 1,000 exporting enterprises in its Xueqing Road store and online Dmall platform, to alleviate inventory pressure and stimulate domestic consumption, in response to government initiatives to support foreign trade businesses.

Progress

20% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
🌐 75% Global Worthiness
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Chinese Tuna Exporter Pivots to Domestic Market Amid US Tariff Hikes

Facing declining US orders due to 145 percent tariffs, Asian tuna exporter Ningbo Today is partnering with Yonghui Superstores to expand its domestic sales, leveraging a new 'green channel' for faster product placement and marketing support, aiming to mitigate export pressure and boost domestic bran...

Progress

52% Bias Score

Decent Work and Economic Growth
repubblica.it
🌐 90% Global Worthiness
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China Prioritizes Domestic Consumption to Counter Economic Slowdown and US Trade Tensions

Facing economic headwinds and US trade pressures, China prioritizes boosting domestic consumption in 2025 with a 300 billion yuan stimulus package for consumer goods and service sector expansion, aiming for economic resilience and reduced export dependence.

Progress

36% Bias Score

Decent Work and Economic Growth
french.china.org.cn
🌐 75% Global Worthiness
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China's Consumer Promotion Boosts Five Key Cities

During November, five major Chinese cities organized 4,000 consumer promotion events, involving 20,000 businesses, to stimulate demand and showcase China's international consumption centers, boosting the 'early-bird economy' and contributing to the national economic recovery strategy.

Progress

40% Bias Score

Decent Work and Economic Growth
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
dw.com
🌐 75% Global Worthiness
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China Mandates 9 PM Work End to Boost Domestic Spending

China's government is implementing a policy to reduce employee work hours to 9 PM, aiming to boost domestic consumption amid trade tensions with the US, with varying impacts on spending habits among employees of companies like DJI, Midea, and Haier.

Progress

40% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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China's "Silver Trains" Aim to Boost Domestic Spending Amidst US Tariffs

To counter the economic effects of US tariffs, China is launching "silver trains" to encourage older citizens (22% of the population, over 310 million people) to spend their savings on domestic tourism, stimulating underdeveloped regions and businesses.

Progress

44% Bias Score

No Poverty
europe.chinadaily.com.cn
🌐 75% Global Worthiness
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Chinese Tuna Exporter Shifts to Domestic Market Amid US Tariff Hardship

Ningbo Today Food Co Ltd, facing near-zero US tuna exports due to 145% tariffs, is partnering with Yonghui Superstores to boost domestic sales, adapting products to local tastes, and leveraging a government initiative to support export-oriented companies.

Progress

40% Bias Score

Decent Work and Economic Growth
china.org.cn
🌐 85% Global Worthiness
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China's Express Delivery Network Surges During Spring Festival

During China's Spring Festival, express deliveries surged to over 670 million daily, a 29 percent increase from 2024, driven by e-commerce and online shopping for diverse holiday goods, posing challenges for logistics companies due to seasonal labor shortages.

Progress

48% Bias Score

Decent Work and Economic Growth

Showing 1 to 11 of 11 results