News & Insights Across Asia
China’s trade-in incentive schemes boosted consumption during this year’s Double 11 shopping festival, leading to record sales as e-commerce platforms collaborated with brands to stimulate the economy.
China’s Double 11 shopping festival extends over a month, offering up to 20% discounts on home appliances and computers. Major e-commerce platforms report soaring sales, reflecting evolving consumer trends.
CGTN reporters Li Mengyuan and Emma Ho host a unique ‘job fair’ during Double 11, where industries compete to win over consumers with the best deals and perks. Find out who gets ‘hired’!
Discover how November 11, known as Double 11 or Singles’ Day in China, has become the world’s largest shopping event, surpassing Black Friday and Amazon Prime Day with record-breaking sales and deliveries.