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Update: China's consumption reports robust growth, services spending soars
China's consumer spending reported robust growth in the first three quarters of 2023, with rapid expansion registered in services consumption, official data showed Wednesday.
October18,2023
China's consumer spending on recovery curve amid policy support
With the arrival of summer, China's consumer spending has gradually warmed up, regaining vitality on the back of policy stimulus, a trend expected to continue as economic growth rebounds.
July13,2022
Interview: China, a linchpin of global supply chain, consumers spending -- scholar
Sharp increase in China's retail sales volume during its Lunar New Year week indicates that China has become not only a linchpin of the global supply chain but also a linchpin of global consumers spending, a U.S. scholar has said.
February26,2021
Fujian's consumer spending continues recovering from COVID-19 fallout
The consumer market in east China's Fujian province showed a recovery trend with total retail sales of consumer goods reaching 1,862.65 billion yuan in 2020, decreasing slightly by 1.4 percent from the previous year, which is lower than the national average decreae of 2.5 percent, reported by Fujian Daily on Tuesday.
February10,2021
China's consumer spending gains steam in October
China's consumer spending continued to pick up pace in October amid the effective containment of the COVID-19 epidemic and steady economic recovery at home, official data showed Monday.
November16,2020
Chinese consumer spending to accelerate in Q4: report
China's consumer and retail market is likely to see a strong performance in the fourth quarter, underpinned by a faster recovery in the offline segment and a boost to consumer spending from the online shopping festival in November, Fitch Ratings said in a report.
November09,2020
China's consumer spending grows at faster pace
Chinese consumers stepped up their spending in September, a sign of an economic recovery gathering strength amid the effective containment of the COVID-19 epidemic at home.
October19,2020
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