China details measures to boost consumption for upcoming holiday

A supermarket in east China's Jiangsu Province [CGTN-CFP]
A supermarket in east China’s Jiangsu Province [CGTN-CFP]
CGTN | 12-Jan-2022

China’s top economic planner has released a notice aimed at boosting consumption as the Spring Festival holiday approaches while maintaining precise COVID-19 control. The measures are aimed at meeting residents’ growing consumer demand, to further release the potential of consumer spending and push for a stable start to the economic growth in the first quarter, the National Development and Reform Commission (NDRC) said.

Multiple measures should be taken to meet residents’ festive needs, including ensuring the supply of daily necessities, providing more contactless services and helping senior citizens enjoy convenient transportation to reunite with their families, said the notice. It also set out policies to upgrade online festival consumption and expand consumption in rural areas.