China’s Digital Consumption Surge: A Subsidy-driven Revolution

In a strategic move to elevate domestic consumption and mitigate declining exports, the Chinese government has poured substantial subsidies into the market. This initiative has sparked a wave of digital product purchases, amassing around USD 20 billion in sales over recent months, according to the Commerce Ministry.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.