China’s second-biggest online shopping event of the year generated big sales, but not necessarily the windfall that retailers have come to expect, analysts say. “A very obvious trend this year is low-price competition," as companies like Alibaba and JD learn from PDD’s method of capturing market share via low prices, added Shawn Yang, senior research analyst at Arete Research. Analysys …
In recent years, Shinan has held a great number of cultural events that have yielded fruitful results. During the Spring Festival holiday, a cultural event was held in Shinan, which attracted numerous visitors and boosted the consumer market in the district. Another event took place at Qingdao 1907 Movie Museum, which is injecting new energy into the old downtown area …
