Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

China's consumer market to sustain steady growth in Q2: spokesperson

June 16, 2023


Abstract : China's consumer market is expected to maintain a steady expansion in the second quarter of this year, the Ministry of Commerce said Thursday.

Tourists dine at a themed street in Xi'an, northwest China's Shaanxi Province, May 11, 2023. (Xinhua/Shao Rui)

BEIJING, June 15 (Xinhua) -- China's consumer market is expected to maintain a steady expansion in the second quarter of this year, the Ministry of Commerce said Thursday.

With the Dragon Boat Festival and the summer vacation around the corner, consumer demand for holiday shopping, recreation and tourism will be further unleashed, said spokesperson Shu Jueting at a press conference.

The ministry will tailor pro-consumption measures for sectors including home furnishing and catering, Shu said.

While organizing various activities nationwide to boost spending, the ministry will continue its efforts to build a series of cities into "international consumption centers," according to the spokesperson.

China's consumer market has remained on track for recovery, with data from the National Bureau of Statistics showing that the retail sales of consumer goods increased by 9.3 percent year on year in the January-May period.

Scan the QR code and push it to your mobile phone

Keyword: consumer market

Reading:

China's Shenzhen promotes upcoming digital energy expo in Munich, Germany

China's Shenzhen promotes upcoming digital energy expo in Munich, Germany

【Financial Str. Release】Upcoming HKD-RMB dual counter model helpful in boosting market growth, HKEX CEO

China's retail sales rally, consolidating economic recovery

China's service sector posts strong recovery in May

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial