Consumption upgrade & demand expansion: New trends in China's market

Consumption upgrade & demand expansion: New trends in China's market

China is promoting consumption and expanding domestic demand through a range of initiatives. The country is steadily opening up its service sector, focusing on the evolving needs of its residents. This includes encouraging the import of high-quality life services such as healthcare and cultural entertainment, injecting new vitality into the consumer market.

Malaysia welcomes China’s policies to boost domestic consumption

KUALA LUMPUR, April 21 — Malaysia has expressed appreciation for the recent policies introduced in China, as the government actively formulates measures to stimulate domestic consumption. Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said he sees this as a proactive step in the right direction. “The concern has not only been about the possibility of Chinese products flooding other markets due to restricted access to…