Topic Reading-Vol.3315-5/9/2021
0422-27-5366
〒180-0006 東京都武蔵野市中町2-3-5 IIHA武蔵野1階
電話受付/月〜金 9:00-18:00
Topic Reading-Vol.3315-5/9/2021
0422-27-5366
〒180-0006 東京都武蔵野市中町2-3-5 IIHA武蔵野1階
電話受付/月〜金 9:00-18:00
Topic Reading-Vol.3315-5/9/2021
Dear MEL Topic Readers,
Consumption month launched nationwide to encourage spending
China’s consumption is on the rise. In March, retail sales in China grew 13% over that of March 2019, the same period before the pandemic. And the government is promoting consumption to boost the domestic economy further. They started the 2021 National Consumption Promotion Month on May Day in Shanghai to boost consumption. Indeed, an increase in consumption spending drives retail sales, increases production, and stimulates employment especially for the industries that were affected by the pandemic. The nationwide event was first held in September last year. Then, about 100 large and medium-sized cities in 31 provinces across the nation organized 10,000 key enterprises and major e-commerce platforms to host consumption promotional activities featuring the integration of online and offline channels, combination of products and services, as well as integration of business, travel, culture, tourism, shopping, and entertainment elements.
While many countries are still struggling to contain the coronavirus, China seems to be already stepping ahead of the world to recover the economy.
Enjoy reading the article and learn what is China doing while India is marking more Covid cases and deaths every day.
http://www.chinadaily.com.cn/a/202105/02/WS608e228aa31024ad0babbb7c_1.html
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