Shanghai unveils comprehensive plan to boost consumption in 2025

Shanghai unveiled a series of new policies and plans to drive consumption across all sectors in 2025 at a news briefing on Feb 14.

Shanghai plans new policies to boost consumption

Shanghai will make continued efforts this year to further improve the consumption environment, introduce more supply-side innovation, enrich consumption scenarios and provide more incentives to consumers to further boost consumption.

Shanghai ramps up efforts to boost consumption

Shanghai's per capita GDP has now surpassed $27,000 and new consumption forms have become a crucial driver for tapping latent domestic demand and promoting consumption transformation.

More than a shopping center: Shanghai shopping centers continue to grow

With the continuous recovery of the city's residents' offline consumption vitality, shopping centers that integrate shopping, catering, leisure and entertainment functions have seen rapid growth last year in Shanghai, and will see further expansion this year, according to Shanghai Council of Shopping Centers.