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
- 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
- China’s economy improved at the start of 2025, but challenges remain 17/03/2025
- OpenAI, DeepSeek, And Now Alibaba—China’s New AI Model Is Shaking Up The Competition 17/03/2025
- China made rare draw on crude oil inventories amid weak imports: Russell 17/03/2025
- US meat exports at risk as China lets registrations lapse 17/03/2025
- China’s Jan-Feb retail sales pick up as economy navigates tariff strains 17/03/2025
- Crypto update: Bitcoin price today, Russia oil trade, ECB on US reserve, Trump family buying Binance? Check details here 17/03/2025
- China’s AI war heats up as Baidu releases DeepSeek rival 17/03/2025
- Taiwan revokes visa of pro-Beijing Chinese influencer 17/03/2025