- On October 14, 2024, the management of the company accompanied the leaders of the Publicity Department of the Provincial Party Committee to report their work to the relevant departments in Beijing.
- On October 12, 2024, the management of the company went to the Municipal Committee.
- On October 9, 2024, the management of the company held a serious communication with relevant Internet companies on the cooperation of agricultural projects and the docking with the government level, and reached a consensus.
- On September 23, 2024, the company's management went to Wuhan to visit Internet enterprises.
- On September 16, 2024, the management of the company received the Shanghai Fund Company in Hefei.
Financial News
More than 30% of young adults in small cities in China live beyond their means
More than 30 percent of young adults in small cities in China live beyond their means every month, the China Youth Daily reported, citing a recently released report.
According to a report by the China Youth and Children Research Center, at least 70 percent of young adults in small cities spend all their income every month. Over 20 percent admit to having consumer loans and are under great pressure to repay.
With the help of online shopping and payment platforms, the consumption gap between young adults in small cities and those in first- and second-tier cities is narrowing, said the newspaper. According to data from Taobao and Tmall, consumer groups in low-tier cities rose rapidly in 2018.
A study found that young adults in small cities have a strong market demand and are in the process of a consumption upgrade.
The cost of living for young adults in small cities is lower, so they have more personal disposable income, as well as a stronger purchasing power, said Lian Si, vice president of the center.