【Economic Perspectives】China Economy – The return of street vendors

  • “Street vendor economy” to help revive the economy. Amid unprecedented employment pressures caused by the pandemic, China has turned to “street vendor economy” to boost the economy. This policy change was piloted by Chengdu city government in Mar 2020 and then promoted by Premier Li Keqiang during the “Two Sessions” in May. Several provinces and municipalities closely followed up afterward, allowing roadside booths, food stalls, mobile vendors in designated areas as long as the latter satisfy sanitary conditions and don’t interrupt traffic or local life.

 

 

 

 

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