Angus Gu, owner of Goos Jewellery, displays his wares at the BFC Weekend Market. Photo: Daniel Ren
Shanghai bets on consumer spending to propel the battered local economy in post-coronavirus era
- The government aims to foster ‘innovative commerce’ – essentially, making better use of infrastructure, retail and cultural resources to get people spending again
- The focus will soon turn to the city’s nighttime economy, with initiatives to boost shopping, dining and entertainment in the evenings
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Angus Gu, owner of Goos Jewellery, displays his wares at the BFC Weekend Market. Photo: Daniel Ren