China has started a series of campaigns in May to boost consumer spending nationwide, as the retail sector continues to rebound from cautious spending caused by COVID-19.
Thirteen hundred themed activities, ranging from new product debuts to online-to-offline discounts, will be held in May and June under the 2021 National Consumption Promotion Month.
In an unveiling ceremony in Shanghai on May 1, Minister of Commerce Wang Wentao said the event aims to further stimulate market vitality, unleash consumption potential and better serve to build a new development pattern .
One flagship activity under the national initiative is Shanghai s 5-5 Shopping Festival, which debuted last year as the COVID-19 pandemic waned in China to spur buying by introducing new products, subsidies and activities.
China to kick off nationwide consumption campaign
1 2021-04-26 08:17:52Xinhua
Editor : Li Yan
ECNS App Download
China will kick off a monthlong campaign promoting consumption in May amid efforts to bolster consumer spending as the country has effectively brought COVID-19 under control, the Ministry of Commerce (MOC) said Sunday.
The National Consumption Promotion Month, jointly organized by the MOC and relevant departments and localities, will kick off on May 1 and continue for the entire month. It will feature a series of activities promoting consumption across the country, according to the ministry.
This year marks the 10th anniversary of this event, the MOC said, adding that it has become a signature activity that helps expand domestic demand and spur consumption.
2021-04-25 12:21:07 GMT2021-04-25 20:21:07(Beijing Time) Xinhua English
BEIJING, April 25 (Xinhua) China will kick off a monthlong campaign promoting consumption in May amid efforts to bolster consumer spending as the country has effectively brought COVID-19 under control, the Ministry of Commerce (MOC) said Sunday.
The National Consumption Promotion Month, jointly organized by the MOC and relevant departments and localities, will kick off on May 1 and continue for the entire month. It will feature a series of activities promoting consumption across the country, according to the ministry.
This year marks the 10th anniversary of this event, the MOC said, adding that it has become a signature activity that helps expand domestic demand and spur consumption.