JD Digits’s Shen Sees a Consumption Boom in China’s Low-Tier Cities

The video discusses the role of an economist at JD, focusing on consumer data insights. It highlights a consumption boom in China's lower-tier cities, contrasting with stable or declining trends in major cities. The discussion shifts to government fiscal policies, emphasizing tax cuts over infrastructure investment to stimulate the economy, aligning with government strategies to support rural and low-tier city growth.

What are the implications of the consumption boom in smaller cities for businesses?

Describe the consumption patterns observed in rural areas versus urban areas in China.