GUANGXI'S 'NIGHT ECONOMY' STIMULATES DOMESTIC DEMAND, BOOSTS PEOPLE'S LIVELIHOOD

KUALA LUMPUR, Oct 25 (Bernama) -- The “night economy” in the Guangxi Zhuang Autonomous Region has played a significant role in stimulating domestic demand and serving to boost people’s livelihood there.

In recent years, the regional authorities released a series of policies to promote the night economy’s development, and all parts of the region have actively carried out activities such as night eating out, night viewing, night entertainment, and night shopping.

In a statement, the Guangxi Zhuang Autonomous Region Culture and Tourism Department said such night economic activities turn “traveller flow” into “traveller stay”, thereby effectively activating night consumption and boosting economic growth.

It said a number of national-level night culture and tourism consumption clusters, such as the “Three Streets and Two Alleys” in Nanning, the ASEAN Culture and Tourism Area in Nanning, and Yueye Dong Village in Liuzhou, have become the models for night economic development in Guangxi.

“In recent years, promoted by multiple favourable policies such as old city renovation and urban renewal, the once outdated ‘Three Streets and Two Alleys’, in downtown Nanning, have also taken a new lease of life,” it said.

In addition, as the night closes in, the street market in Nanning ASEAN Culture and Tourism Area is as bright as daytime, flowing with light and colour. It has gathered more than 2,000 night business entities and developed eight night-themed consumption activities.

To upgrade night consumption, Guangxi recently issued policies encouraging businesses to stay open late and focus on cultivating and building a number of night culture and tourism consumption clusters.

“Night economy has played an increasingly important role in releasing consumption vitality and promoting economic growth.

“We will continue to promote the innovation and development of the night economy; advance the integration of business, culture and tourism; vigorously develop new business formats and foster new scenes of night consumption; activate new hot spots of night consumption; and empower the upgrade of urban economy,” said Lai Fuqiang, deputy director of the region’s Department of Culture and Tourism.

-- BERNAMA