That link above is to a policy announcement made earlier this week. More detail now:
China’s Ministry of Commerce and eight other departments issued a plan to expand and upgrade “15-minute convenience living circles,” neighbourhood hubs providing daily services within walking distance. By 2030, Beijing aims to establish 10,000 such circles across 100 pilot cities, covering all prefecture-level urban areas and eligible county-level communities. The initiative also calls for 500 “Silver Hair Golden Streets” for seniors, 500 “Children’s Fun Parks,” and improvements to quality, services, and digital efficiency. Targets include a resident satisfaction rate above 90% and raising the share of chain commercial outlets to 30%.As it said earlier in the week, the aim is to boost consumption. If it works that'll be a positive for China's economy.
This article was written by Eamonn Sheridan at investinglive.com.Hence then, the article about china sets 2030 target 100 cities 10 000 15 minute living circles to boost consumption was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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