Global EditionASIA 中文雙語Fran?ais
    Business
    Home / Business / Industries

    618 festival to spur shopping recovery

    By FAN FEIFEI | CHINA DAILY | Updated: 2022-05-21 09:39
    Share
    Share - WeChat
    Couriers for e-commerce enterprise JD scan and register packages in the Quyang neighborhood in Shanghai's Hongkou district, April 17, 2022. [Photo/Xinhua]

    The upcoming June 18 online shopping festival-it is branded as "618"-is expected to play a vital role in promoting the recovery of consumption, stimulating consumers' purchasing desire and shoring up the economy amid the resurgence of domestic COVID-19 cases and external uncertainties, industry experts said.

    Chinese e-commerce giant JD said on Friday it will kick off the midyear promotional event at 8 pm on Monday and offer discounts and shopping coupons, with emphasis on bolstering the interaction of online and offline commerce and empowering small and medium-sized merchants.

    Xin Lijun, CEO of JD Retail, highlighted the significance of supply chain capacities that ensure the supply of daily necessities to people in urgent need amid the epidemic, and pledged efforts to roll out an array of supportive measures for merchants, so as to reduce operating burdens and help them tide over difficulties.

    The company aims to leverage its nationwide network of intelligent logistics and warehouses to speed up the digital transformation of SMEs and brick-and-mortar stores, as well as encourage green consumption by launching eco-friendly products and supporting package recycling.

    Tmall, the business-to-customer platform of Alibaba Group, has also launched a series of measures, such as financial subsidies, data flow resources, smooth logistics and upgraded technology support, to alleviate operating pressure of merchants.

    Wang Yun, a researcher with the Academy of Macroeconomic Research, said the June 18 retail festival will help smoothen the channels from production to consumption, and facilitate the circulation from the supply side to the demand side by integrating the online and offline shopping scenarios and unleashing consumption potential.

    "Consumption plays a fundamental role in China's economic development and is the main driving force boosting economic growth," Wang said, while noting the recovery of consumption is facing mounting challenges and difficulties amid the resurgent domestic COVID-19 cases.

    More efforts are needed to unleash the consumption potential in home appliances and automobiles, and ease restrictions on home purchases to promote the recovery of consumption and stabilize economic growth, she said.

    "Consumer demand has been suppressed by the epidemic. The June 18 promotion gala is expected to help promote consumption recovery and shore up confidence of shoppers in the short term," said Mo Daiqing, a senior analyst at the Internet Economy Institute, a domestic consultancy. Consumers will become more rational when purchasing commodities, she said.

    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    CLOSE
     
    亚洲欧美日韩中文久久| 亚洲AV中文无码乱人伦在线视色| 潮喷失禁大喷水aⅴ无码| 国产日韩精品中文字无码| 国产亚洲精品无码成人| 亚洲欧美成人久久综合中文网| 91精品日韩人妻无码久久不卡| 精品亚洲成A人无码成A在线观看| 亚洲天堂2017无码中文| 国产在线无码不卡影视影院| 久久亚洲AV无码精品色午夜麻豆| 在线天堂中文WWW官网| 国产精品久久久久无码av| 精品国产V无码大片在线看| 狠狠干中文字幕| 中文字幕在线精品视频入口一区| 国产V亚洲V天堂A无码| 亚洲AV永久无码精品| 亚洲AV无码一区二区三区牛牛| 亚洲AV区无码字幕中文色| 性无码专区一色吊丝中文字幕| 国产精品无码无卡在线播放| 亚洲精品无码久久一线| 亚洲一区二区三区AV无码| 中文精品无码中文字幕无码专区| 一级片无码中文字幕乱伦 | 国产V亚洲V天堂无码久久久| 一本色道无码道在线观看| 中文无码熟妇人妻AV在线| 国产一区三区二区中文在线| 久久久久久综合一区中文字幕| 曰韩无码AV片免费播放不卡| 亚洲av午夜国产精品无码中文字| 成人午夜福利免费无码视频| 好硬~好爽~别进去~动态图, 69式真人无码视频免| 无码人妻精品中文字幕| 人妻少妇偷人精品无码| 免费人妻无码不卡中文字幕系| 免费A级毛片无码专区| 久久久久亚洲AV片无码下载蜜桃| 少妇无码一区二区二三区|