Xi'an acts to expand commercial consumption

Xi'an, capital of Northwest China's Shaanxi province, held a work conference on March to summarize the city's commerce work in 2023 and arrange key work tasks for 2024.

In 2024, the city expects a 6-percent increase in the total retail sales of consumer goods and an 8-percent increase in its total value of imports and exports.

This year, in an effort to expand its commercial consumption, the Xi'an municipal bureau of commerce will introduce more effective policies. The city will host a series of activities to promote consumption, and will encourage and support various districts and development zones to organize distinctive promotional events.

To boost bulk consumption, efforts will be made to promote the sale of new energy vehicles, advance the construction of a second-hand car transaction information query platform. Additionally, the issuance of vouchers for green home appliances and 3C electronic products will be carried out.

To optimize the local consumption environment, 10 commercial districts will be transformed and enhanced, 10 nighttime consumption gathering areas will be created, and 42 high-quality 15-minute convenient living circles will be established.

To promote its foreign trade and economic growth, the Xi'an municipal bureau of commerce will vigorously attract foreign trade-oriented enterprises and cultivate more local trade-oriented multinational enterprises.

Emphasis will also be placed on supporting the development of high value-added processing trade industries such as precision machinery, smart home appliances, and aerospace components.