A supermarket in Beijing. Consumer spending contributed to more than 57 per cent of China’s GDP growth in 2019. Photo: Reuters
A supermarket in Beijing. Consumer spending contributed to more than 57 per cent of China’s GDP growth in 2019. Photo: Reuters
Business /  China Business

More of China’s local governments, companies resort to coupons to boost flagging consumer spending

  • Suning.com, Nanjing city hand out coupons worth millions
  • Beijing calls on government heads, officials to lead local consumption

Iris Ouyang
Iris Ouyang

Updated: 3:53pm, 19 Mar, 2020

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A supermarket in Beijing. Consumer spending contributed to more than 57 per cent of China’s GDP growth in 2019. Photo: Reuters
A supermarket in Beijing. Consumer spending contributed to more than 57 per cent of China’s GDP growth in 2019. Photo: Reuters
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