Chinese companies such as Alibaba and JD.com have reported an increase in consumer spending, with faster year-on-year revenue growth in the last quarter of 2024 compared to 2023. However, consumption levels have not yet fully returned to pre-pandemic levels, with consumer confidence still needing to improve for double-digit revenue growth. Chinese policymakers are prioritizing boosting consumption, introducing subsidies for smartphones and signaling a shift in real estate policy to support market stability.
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Martin Lewis Shares Expert Tips To Cut Rising Household Bills
Millions of UK households are facing a rise in household bills as of today, with electricity bills increasing by £111 annually and water bills by £123. Martin Lewis shared tips on reducing water and energy bills on Good Morning Britain, advising switching to a water meter and checking for social tariffs and support schemes for low-income and disabled households. He also recommended comparing energy tariffs, reducing energy usage, and ensuring proper insulation to save money....
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