Wuxi to build an international consumption center

"We also hope to contribute to Wuxi's early realization of a 400-billion-yuan goal through a consumer-oriented industry approach," Zhang added.

During this shopping festival, a total of 30 million yuan of coupons will be distributed to the city's residents and tourists, with 10 million yuan distributed in the first round. During the festival, 526 activities will be held in Wuxi with 3 billion yuan in discounts.

To let consumers buy desired commodities at a lower price, merchants did their homework. Meanwhile, how to improve the quality of life is something that both merchants and consumers are considering.

"Commuters always face long queues, so now we want to save their time while improving their quality of life through community e-commerce," said a member of the business development staff of Taocaicai, a newly formed brand affiliated to Alibaba's MMC business group.

Last year, the per capita disposable income of all residents in Wuxi exceeds 57,000 yuan, ranking among those at the top in Jiangsu province and in the 10th place in China, with strong consumption power and a broad consumer market.

In the process of establishing itself as an international consumption center, Wuxi should take quality development as its main task, and meeting consumer demand and satisfaction as focal points, to improve urban consumption resource allocation and innovation.