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Shanghai Double Five shopping festival to further boost consumption

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The Shanghai Double Five shopping festival, part of an event that runs through the month to spur consumption, kicked off in Shanghai on the first day of the May Day Holiday.

The shopping festival, similar to the popular Double Eleven shopping festival, is jointly organized by the Ministry of Commerce (MOFCOM), China Media Group (CMG), and the Shanghai Municipal Government.

The festival was launched in May last year by the Shanghai Municipal Government, aiming to boost consumption through e-commerce platforms. E-commerce giant Alibaba and startup Pinduoduo and other brands joined last year’s event.

The National Consumption Promotion Month, starting May 1, will last the entire month, featuring a series of activities promoting consumption across the country.

China’s consumer market has gradually recovered since this year. The newly-launched consumption promotion month will further stimulate market vitality, release consumption potential, and better serve to build a new development pattern, Wang Wentao, Chinese Minister of Commerce, said at the opening ceremony of the festival in Shanghai on Sunday.

Strong consumption has remained a major driving force for China’s economic growth for many years, and the event effectively lifts consumer confidence amidst the haze of the pandemic, Shen Haixiong, vice minister of the Publicity Department of the Communist Party of China Central Committee and CMG president, said at the ceremony.

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NTAC Hails Tinubu; Volunteers Ready to Positively Impact Nigerians

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Joel Ajayi 


The Nigerian Technical Aid Corps (NTAC) has commended President Bola Tinubu for funding the Technical Aid Corps (TAC) Scheme.


The Director General (DG) of NTAC , Dr Yusuf Yakub, made the commendation during a ceremony to receive five returning TAC volunteers from Zanzibar, Tanzania on Tuesday in Abuja.
The returning volunteers also expressed readiness to impact knowledge gained from participating in the programme on Nigerians.


TAC is a mechanism for Nigeria’s foreign aid and technical assistance to African, Caribbean and Pacific countries through the use of Nigeria’s abundant trained manpower.


Yakub lauded Tinubu’s visionary leadership and steadfast support for the TAC Scheme.


Welcoming the volunteers who had discharged themselves as worthy ambassadors in Zanzibar, the D-G thanked them for their patriotism, dedication to service and for making Nigeria proud on the international arena.


The NTAC boss highlighted the importance of knowledge-sharing, while announcing that certificates of completion will be presented to the volunteers in line with the noble objectives of the service.


He also emphasised the volunteers’ crucial role in passing on the skills and experiences gained in Zanzibar.


He expressed optimism that their efforts would positively impact the lives of Nigerians across the country and shape the expectations and service-delivery of future prospective volunteers.


Earlier speaking, Amb. Zakari Usman, the Director of Programmes for NTAC, expressed gratitude to the D-G for his unwavering support and provision for the volunteers throughout their service period.
He said that the volunteers had so delivered on the mandate of the agency that citizens of Zanzibar did not want them to leave their country.
Popoola Adegoke, the Team Lead and a Mathematics Instructor for the batch of returning volunteers, was full of gratitude to the Federal Government for providing them the opportunity to participate in the scheme.


Adegoke said that Nigeria, was well blessed and had the abundance of both human and natural resources to contribute meaningfully to the development of many countries of the world.


He said that the need to continue the TAC Scheme was not negotiable, owing to its high impact and results.


Mohammed Salisu, a Physicist, said that the experience had broadened his horizon as his orientation during the last 24 months in Zanzibar, especially on the cultural exchange.


He lauded the government for the scheme, saying that Nigeria is seen and perceived to be higher in all ranking, especially in the standard of living and educational system.


He also appealed to the government to sustain the scheme to close the gaps both the educational and professional systems in the African, Caribbean and the Pacific Countries. 
NAN

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