During an interview at the guest room of a home appliances store in China World Mall in Beijing in mid-March, Hubert de Haan, senior vice-president for China of Germany's BSH Home Appliances Group, sipped his coffee thoughtfully, while stressing that China "is still worth it".
Shanghai unveiled an extensive calendar of shopping festivals and consumer events for 2025 on Friday, aimed at boosting consumption and strengthening its position as a global consumption hub.