By Zhang Shasha · 2020-12-13 · Source: NO.51 DECEMBER 17, 2020
A visitor checks out a new-energy vehicle at a car sales promotional event in Kunming, Yunnan Province in southwest China, on December 4 (XINHUA)
Before Zhou Qingwen went to a chain dessert shop recently, she was not using e-vouchers to get a discount on her purchases.
At the shop, she did it for the first time when the assistant told her that if she spent more than 80 yuan ($12), she would get an e-voucher. It seems I ve missed out on a fortune, the 27-year-old exclaimed.
An office clerk in Beijing, Zhou had seen some of her colleagues use e-vouchers in the malls since June, when the first e-vouchers were issued by the local government to boost consumption hit hard by the coronavirus epidemic.
Economic Watch: China s growth to boost world economic recovery
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Economic Watch: China s growth to boost world economic recovery - Xinhua
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· 2020-12-14 · Source: Xinhua News Agency
Photo taken on July 16 shows a container dock in Tangshan City, Hebei Province north China(XINHUA)
China s economy, the first jolted by COVID-19, has bounced back from epidemic fallout with resilience on effective virus control and targeted stimuli, as a pandemic depression continues to threaten the world.
With GDP growth reaching 3.2 percent and 4.9 percent in the second and third quarters, the world s second-largest economy completed the upward leg of a V-shaped recovery from virus-induced lockdowns that sent it into a rare 6.8-percent contraction in the first quarter.
In its latest Economic Outlook report, the Organization for Economic Co-operation and Development predicted that China will be the only major economy to record positive performance in 2020 with 1.8-percent growth.