Consumption to go global in Chinese cities
With New Year's Day and Spring Festival on the horizon, China's consumption market is expected to scale another peak, industry observers said.
Stay updated with breaking news from First Seafront. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
With New Year's Day and Spring Festival on the horizon, China's consumption market is expected to scale another peak, industry observers said.
With New Year's Day and Spring Festival on the horizon, China's consumption market is expected to scale another peak, industry observers said.
2021-01-08 02:46:00 GMT2021-01-08 10:46:00(Beijing Time) Xinhua English China's stock market managed to secure spectacular gains in 2020 as reforms widened access for overseas investors and boosted its long-term investment value. The benchmark Shanghai Composite Index gained 13.87 percent in 2020, while the ChiNext Index, tracking China's NASDAQ-style board of growth enterprises, surged nearly 65 percent. Net inflows of funds through "northbound trading," or money invested from Hong Kong into the Chinese mainland through the stock connect programs, exceeded 200 billion yuan (around 31 ...