Luoyang to Build an International Consumption Hub

Support Luoyang to build itself as an international consumption hub, and roll out the campaign of "night-time economy in the ancient capital"... Recently, the general office of the Henan provincial government mentioned Luoyang many times in its Opinions on Further Expanding Consumption, offering strong support to the development of Luoyang metropolitan area by promoting consumption, improving market vitality, and stabilizing growth. 

In 2020, the total retail sales of social consumer goods in Luoyang reached 210.56 billion yuan, ranking the second in Henan province. The cultural and tourism consumption activity "night-time economy in the ancient capital" had over 30 million tourist arrivals throughout the year, and realized an income of 12 billion yuan in cultural tourism, becoming a new engine for the Luoyang's high-quality economic development.

Next, Luoyang will focus on promoting internal circulation and expanding domestic demand with the goal of building an international consumption hub. To build on the brand effect of "new life in the ancient capital" and "night-time economy in the ancient capital", the city plans to carry out over 100 business promotion activities in 2021.

Luoyang will closely follow the trend  and explore greater potential and vitality of cultural and tourism consumption. "Night-time economy in the ancient capital" will be utilized to guide and promote the city's cultural and tourism consumption continuously, expected to become a nationally recognized brand for cultural and tourism consumption.