towns

China Faces Challenges in Promoting EV Adoption in Poorer Towns

7 months ago

China, as the world's leader in manufacturing and selling electric vehicles (EVs), is encountering significant challenges in boosting EV purchases in the country’s less affluent regions. Despite substantial investments in charging infrastructure and subsidies for EV purchases, sales remain low in areas such as Guizhou province. Local residents often opt for more affordable and traditional internal combustion engine vehicles.

New Horizons for Retailers in India's Small Towns

8 months ago

Recent research has shown that small towns in India are an untapped goldmine for retailers seeking opportunities for further growth. With increasing purchasing power among local residents and rising urbanization, small towns are demonstrating significant potential for business operations. Analysts note that many large brands have already begun expanding their networks in these regions, and this trend is growing each year.

Small Towns in the US Experience Economic Boom Driven by Tourism and Manufacturing

8 months ago

A recent Bloomberg report highlights that certain small towns in the United States are experiencing significant economic growth due to the active development of both the tourism sector and manufacturing industry. Places like Winston-Salem in North Carolina are experiencing a rise in job opportunities within manufacturing and the tourism business each year.