Focus topics

State-organized consumer fairs

China’s Ministry of Commerce (Mofcom) fears that lower private spending could jeopardize the country’s growth targets. To ensure that retail sales do not weaken too much, Mofcom has now announced a month-long consumption campaign. It kicks off in Shanghai, where a series of activities to boost private consumption will begin on the May 1 holiday. A shopping festival will also begin on May 5, according to state media, reaching out beyond Shanghai to consumers in Beijing, Chongqing, Suzhou, Jiangsu, and Guangdong provinces. The city of Haikou on Hainan Island will host the first consumer goods fair from May 7 to 10, according to officials. Consumer goods from 69 countries and regions, including Japan, Britain, and the US, will be showcased alongside domestic products.

Continue reading now

Get 30 days of free access to the Decision Brief to read these and more quality news every day.

Are you already a guest at the China.Table? Log in now


    Quarantine time halved
    Chip shortage continues to weigh on automakers
    Chinese competitors drive innovation
    G7: China should increase pressure on Russia