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2023 Designated As 'Year Of Consumption' - MOFCOM

CHINA PRESS
MNI (BEIJING)

This year has been officially announced as the “Year of Consumption” by the Ministry of Commerce (MOFCOM). At a national consumer promotion event, MOFCOM said they planned a series of activities aimed at stabilising mass consumption of automobiles, home appliances and other goods. Beijing’s local government also announced March as the “Consumption Promotion Month” which will include activities such as promotional festivals, with various regions and relevant industry associations planning events aimed at boosting consumption. (Source: Securities Daily Network).

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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