Shanghai Mayor visits three leading private firms in a day, expects them to play bigger role in consumption recovery

On Thursday, Shanghai Mayor Gong Zheng visited local services giant Meituan, fintech giant Ant Group, and lifestyle-sharing platform Xiaohongshu. This is the latest sign that local governments are pledging support to the private sector while the economy is reeling from three years of Covid 19 lockdowns…
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Jonathan Jeriah

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