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Zhejiang launches Spring Festival shopping season to boost consumption

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      China

      China

      Zhejiang launches Spring Festival shopping season to boost consumption

      2025-01-09 22:25 Last Updated At:23:07

      Zhejiang province in east China launched its 2025 Spring Festival Consumption Season in the provincial capital of Hangzhou on Thursday, kicking off a series of events designed to stimulate the holiday economy and promote national consumer brands across the region.

      Co-hosted by China Media Group (CMG) and the Zhejiang provincial government, the event began with a high-profile ceremony in Hangzhou, which was simultaneously launched across 11 other cities in the province.

      Hundreds of commercial districts, thousands of communities, and tens of thousands of businesses are participating in the festivities, which will include more than 200 events including an online shopping festival aimed at energizing the local economy over the next two months.

      During his speech at the opening ceremony, CMG President Shen Haixiong emphasized Zhejiang's key role in driving China's economic vitality and unlocking the province's vast consumer potential.

      Liu Jie, deputy governor and acting governor of Zhejiang, also outlined plans to expand consumption by embracing new business models and creating innovative shopping hubs. He highlighted emerging trends -- including the "debut economy," the "silver economy," and the "national brand economy" -- which focus on emerging products, the aging population, and the rise of domestic brands fueled by national pride and cultural identity.

      Shen also underscored the significance of CMG's upcoming Chinese New Year Gala, which will be the first since the Spring Festival was added to UNESCO's Intangible Cultural Heritage list.

      The gala will partner with Zhejiang brands and other national-level labels to blend traditional customs with contemporary innovations, injecting fresh energy into China's economy.

      Adding to the festive spirit, 11 cities across the province showcased their unique Spring Festival offerings, including Ningbo's tangyuan (glutinous rice balls), Jinhua ham, Huzhou's Langhao brushes, and Puyuan woolen sweaters. These products reflected the region's rich culinary and cultural heritage, merging traditional craftsmanship with modern appeal.

      For six consecutive years, CMG has partnered with the Ministry of Commerce and local governments to host consumption-boosting initiatives, leveraging its extensive media resources to promote traditional Chinese culture and drive domestic spending.

      The launch event attracted substantial attention, with live broadcasts on CCTV News and Yangshipin drawing over 5.5 million viewers within the first hour, setting an energetic tone for the holiday shopping season.

      Zhejiang launches Spring Festival shopping season to boost consumption

      Zhejiang launches Spring Festival shopping season to boost consumption

      Next Article

      China, Russia to enhance subnational ties through key cooperation platforms

      2025-05-16 21:18 Last Updated At:21:37

      China and Russia are set to further strengthen subnational cooperation through two key subnational mechanisms, the Yangtze-Volga Local cooperation and the Northeast-Far East cooperation, Foreign Ministry spokesperson Lin Jian said Friday.

      Lin made the remarks at a press conference in Beijing, highlighting the role of the cooperation mechanisms in boosting bilateral economic and cultural ties.

      "Under the strategic guidance of the two head of states, China-Russia relations have been moving forward on a high level and subnational cooperation has been advancing with wider scope and higher quality. The Yangtze-Volga cooperation council and the China-Russia Intergovernmental Commission on Cooperation and Development of Northeast China and the Far East and Baikal Region of Russia, as two major subnational cooperation mechanisms between China and Russia, since their establishment have been operating with high efficiency and played an important role in promoting economic and trade cooperation as well as people-to-people and cultural exchanges between relevant regions of China and Russia in a coordinated manner," Lin said.

      "We believe that under the strategic guidance of the two head of states and with joint effort of both sides, subnational cooperation between China and Russia will continue to grow with vigor and vitality and inject more impetus to our effort of enriching the bilateral relationship, delivering more benefits to the two peoples and boosting our respective development and revitalization," said the spokesman.

      China, Russia to enhance subnational ties through key cooperation platforms

      China, Russia to enhance subnational ties through key cooperation platforms

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