South China Morning Post

Guangdong pins consumption revival hopes on tourism, health, care for children and elderly

Guangdong, China’s most populous province, has unveiled a wide-ranging plan to revive consumer spending – one of the country’s biggest economic challenges – with schemes to encourage household purchases, attract overseas visitors and roll out AI-powered products. The plan, issued by the provincial development and reform commission on Tuesday, aims to turn overall economic growth into private spending power, though a veteran analyst cautioned there would be little impact without more jobs and...

By South China Morning Post

1 min read
Guangdong pins consumption revival hopes on tourism, health, care for children and elderly
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