Shanghai bets on live-streaming economy to boost China’s anaemic consumption

Q: How long will it take to read this news story?

The story "Shanghai bets on live-streaming economy to boost China’s anaemic consumption" has 169 words across 5 sentences, which will take approximately 1 - 2 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Shanghai bets on live-streaming economy to boost China’s anaemic consumption" was covered 5 hours ago by SCMP, a news publisher based in Hong Kong.

Q: How trustworthy is 'SCMP' news outlet?

SCMP is a fully independent (privately-owned) news outlet established in 1903 that covers mostly business news. The outlet is headquartered in Hong Kong and publishes an average of 16 news stories per day. It's most recent story was published 40 minutes ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #22338365</li><li>URL: https://beamstart.com/news/shanghai-bets-on-live-streaming-17253224939550</li></ul>

SCMP Logo SCMP 5h ago

Shanghai bets on live-streaming economy to boost China’s anaemic consumption - SCMP

Quick Summary:

Under a three-year plan, the local sector should generate nearly US$85 billion in online sales by 2026.

The municipal government aims to “leverage the live-streaming economy’s potential to empower consumption, trade, industry and culture, injecting new momentum into Shanghai’s overall economic and social development”, the Shanghai Municipal Commission of Commerce said in its blueprint.

MCNs are companies that help live-streaming influencers manage their businesses.