IFS mall gives impetus to shopping in Southwest China By ZHONG NAN | China Daily | Updated: 2021-02-01 08:52 Share CLOSE Consumers check products at a pop-up store at the Chengdu IFS mega mall in Sichuan province on Jan 14. [Photo/China Daily]
With the Chinese government offering more favorable policies to boost domestic consumption, Chengdu International Finance Square, the mega integrated shopping complex owned by Hong Kong-based conglomerate Wharf (Holdings) Ltd, has pledged to deploy more resources into online sales channels and the first-store economy in the country s southwestern market this year.
The first-store economy refers to a global brand or a new trendy brand that enters a specific region or area by opening its first flagship store in certain places, bringing new shopping experiences and fostering new growth areas for consumer spending.
China’s factory gate prices fell last month at their slowest pace since February, official data showed on Monday, suggesting the country’s manufacturing sector continues to see a rapid recovery from the COVID-19 shock. The producer price index (PPI) eased 0.4% from a year earlier, the National Bureau of Statistics said in a statement. The index .
China's factory gate prices fell last month at their slowest pace since February, official data showed on Monday, suggesting the country's manufacturing sector continues to see a rapid recovery from the COVID-19 shock.
China’s factory gate prices fell last month at their slowest pace since February, official data showed on Monday, suggesting the country’s manufacturing sector continues to see a rapid recovery from the COVID-19 shock.
Rules issued on security review of foreign investment
Pub Date:2020-12-21 08:54
Source:China Daily
The newly released rules on China s security review of foreign
investment will effectively restrain national security risks while
actively promoting and protecting foreign investment, analysts said on
Sunday.
They made the remark after the National Development and Reform
Commission and the Ministry of Commerce jointly specified provisions
concerning the security review mechanism on foreign investment on
Saturday.
Under the new measure, the scope of foreign investment that will be
subject to security review includes the military industry and other
national defense and security fields, locations near military facilities