XinhuaNet
Customers purchase goods at a Pangdonglai store in Xuchang, central China’s Henan Province, Aug. 22, 2024. (Xinhua/Liu Zhenkun) Editor’s note: China is evolving into a consumption-driven economy. As it strives to revitalize consumption, the focus has shifted beyond price competition to tailored innovation, where personalized demand fuels premium-quality supply and shapes new consumption landscapes…
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Business Closeup: Feel-good spending set to unlock China’s huge consumer potential
Laine Haslett
11:21
Customers purchase goods at a Pangdonglai store in Xuchang, central China’s Henan Province, Aug. 22, 2024. (Xinhua/Liu Zhenkun) Editor’s note: China is evolving into a consumption-driven economy. As it strives to revitalize consumption, the focus has shifted beyond price competition to tailored innovation, where personalized demand fuels premium-quality supply and shapes new consumption landscapes…
