China Unveils 9-Agency Plan to Boost County Consumption
Updated
Updated · investinglive.com · Aug 18
China Unveils 9-Agency Plan to Boost County Consumption
3 articles · Updated · investinglive.com · Aug 18
Summary
A guideline issued by the Ministry of Commerce and eight other departments sets out new steps to lift spending in lower-tier markets and county economies.
The plan focuses on upgrading sales channels by renovating township commercial centers, rural markets and local fairs, while drawing domestic and international brands to open regional debut stores.
It also backs new business models, allowing eligible chain operators and individual merchants to run multiple outlets under a single business license within the same county.
The broader push aims to deepen county consumption chains by linking agriculture, manufacturing and services, using existing land resources more efficiently.