new types of consumption 新型消费模式
China outlined 24 measures to further cultivate new types of consumption and promote the growth of both online and offline consumption, according to a document jointly released by the National Development and Reform Commission and 27 other departments. According to the document, the measures will help meet residents' daily needs, fully spur consumption, foster a complete system for domestic demand and are of great importance to build the new dual-circulation development pattern.
We should set up an effective system to boost domestic demand, unleash the potential of domestic demand and encourage consumer spending, thus making the formation of a super-sized domestic market a sustainable course of history.
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