Some business sectors that encourage the consumption markets to go green, healthy and safe in China are expected to see a boom in the next few years, if the government s latest guidelines and environment-conscious consumers demand are any indication.
Green consumption focuses on spending that satisfies consumers who care for the environment. Such consumers tend to prefer products whose manufacture, distribution and consumption entail only a negligible impact on the environment.
During the 14th Five-Year Plan period (2021-25), China will stabilize and expand consumption, expanding domestic demand as a strategic move and fully tapping the potential of the domestic market, according to the Government Work Report released at this year s session of the 13th National People s Congress in Beijing on March 5.
Used goods sector a growing phenomenon By FAN FEIFEI | China Daily | Updated: 2021-02-05 10:50 Share CLOSE Customers wait in the rest area of an All Things Renew outlet in Shanghai to recycle their goods. [Photo by DING LEI/FOR CHINA DAILY]
Recycling economy becoming big hit among environmentally conscious youth, those wishing to make most of purchases
Wang Hao, 27, an engineer from a software company in Beijing, is a pen aficionado. He usually buys and sells the writing instruments on Xianyu, a popular customer-to-customer platform in China for trading secondhand goods run by Alibaba Group. I love collecting various types of pens with unique designs and excellent workmanship, such as Lamy, Montblanc, Parker, Sailor, Duke and Hero. The new ones are often very expensive, and I just use them for a short period of time and switch to another one, Wang said.