Free Trial

Night Economy Key To Boosting Consumption In Changsha

CHINA PRESS

The local government in Changsha, Hunan province capital, will prioritise night time economic support to expand domestic consumption this year, according to the 21st Century Herald. The largest night market in Changsha has seen attendance and revenues up 20% and 25% in 2022 and 2023, a trend local leaders believe will continue into Q2. Night time spending accounts for 60% of the value of the total day time consumption in Changsha, making it a significant contributor to demand in the city. The government plans to implement a model that integrates shopping with cultural and creative industries, entertainment and fitness. (Source: 21st Century Herald)

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

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.