China Kicks Off Nationwide Shopping Spree to Boost Economy ๐๏ธ๐
China launches nationwide shopping events in five major cities to boost domestic demand, featuring festivals, vouchers, and auto reforms. ๐๏ธ Retail sales grew 3.3% YTD!
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China launches nationwide shopping events in five major cities to boost domestic demand, featuring festivals, vouchers, and auto reforms. ๐๏ธ Retail sales grew 3.3% YTD!
China announces new policies and events in major cities to boost consumer spending, focusing on retail, automotive sales, and health consumption. Details inside! ๐๏ธ๐๐
China’s National Day holiday sees 330M+ trips and surging consumer spending, signaling economic vitality amid stimulus measures. โ๏ธ๐
China’s National Day holiday sees a massive surge in travel and consumer spending, boosting the economy with record-breaking numbers and positive outlooks! ๐โจ
China cuts mortgage rates by 0.5% and lowers down payments to 15%, aiming to stabilize the housing market and boost household spending. ๐ธ๐
China’s central bank introduces major rate cuts & down payment reductions to stimulate economic growth and stabilize the housing market. Experts react positively as markets surge. ๐ ๐น
China’s July economic data shows 5.1% industrial growth, rising retail sales, and surging foreign trade, signaling steady recovery.
China’s Political Bureau shifts economic strategy towards consumer spending for 2024, aiming to boost growth and address key challenges.
US Q2 GDP grows 2.8%, surpassing forecasts, fueled by consumer spending and business inventories despite high interest rates. ๐๏ธ๐
China’s Q1 2024 GDP growth hits 5.3%, exceeding expectations and signaling economic stabilization. ANZ economist highlights rising consumer confidence. ๐