Quality focus rules Singles Day shopping gala
1 month, 4 weeks ago

Quality focus rules Singles Day shopping gala

China Daily  

Workers sort express packages on an intelligent sorting line in Nanchang, Jiangxi province, on Nov 3. "Consumption has become the main driving force boosting China's economic growth, and the Singles Day shopping carnival is pivotal to unleashing consumers' purchasing potential, bolstering domestic demand and promoting consumption recovery," said Wang Yun, a researcher at the Chinese Academy of Macroeconomic Research. China's retail sales, a significant indicator of consumption strength, rose 3.3 percent year-on-year in the first three quarters of this year, said the National Bureau of Statistics. Based on a survey by global consulting firm AlixPartners in early October, consumers still view Singles Day as the most important shopping festival. Online retailers have made promotional methods simpler this time, with a key focus on improving user experience and seeking high-quality and long-term growth, as Chinese consumers are more prudent and rational about potential purchases, said Jason Yu, managing director and vice-executive president of CTR Media Convergence Institute.

History of this topic

Quality focus rules Singles Day shopping gala
1 month, 4 weeks ago
Quality focus rules Singles Day shopping gala
1 month, 4 weeks ago
Quality focus rules Singles Day shopping gala
1 month, 4 weeks ago
Quality focus rules Singles Day shopping gala
1 month, 4 weeks ago
Quality focus rules Singles Day shopping gala
1 month, 4 weeks ago
Singles Day shopping gala features green consumption
3 years, 1 month ago
Shopping gala opens with booming sales
3 years, 2 months ago
Singles Day presale frenzy reveals China's consumption vitality
3 years, 2 months ago

Discover Related