The initiative comes as consumer spending remains subdued after a slow recovery from COVID-19 disruptions and a prolonged property market slump.
ADVERTISEMENT
Categories
Beijing
22°
overcast clouds
humidity: 21%
wind: 1m/s SW
H 22 • L 20
Weather from OpenWeatherMap
Recent Posts
- Beyond DeepSeek: China accelerates in the development of new AI models to win the global technological race 17/03/2025
- China’s BYD unveils faster-charging EV platform, aims to build over 4,000 charging piles 17/03/2025
- Congress should ‘drop the hammer’ on Meta over whistleblower claims about China: tech watchdogs 17/03/2025
- Sunac China expects 2024 loss to widen to $3.5 billion 17/03/2025
- Top creditor China approved no loans to Cambodia in 2024, data shows 17/03/2025
- China’s Economy Shows Signs of Strength as Trade War Begins 17/03/2025
- How China is doubling down on trade-ins to boost sluggish consumption 17/03/2025
- Foreign CEOs to flock to China for key summit, Xi meeting, sources say 17/03/2025
- Foreign-branded smartphone shipments down 21% y/y in China in Jan, CAICT data shows 17/03/2025
- China’s low-altitude economy takes flight: A new engine for innovation-driven growth 17/03/2025
- Campus Football Extravaganza: Bundesliga Coaches Empower Shenzhen Students to Shine 17/03/2025
- ‘How gratifying’: Cheers in China as Trump dismantles Voice of America 17/03/2025
