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Economic Watch: China to create new consumption scenarios to tap consumer demand
China is moving to foster new consumption scenarios in multiple sectors, including tourism, automobiles and electronics, aiming to boost consumer demand and promote the steady growth of consumption.
June25,2024
China's retail sales up 4.1 pct in first five months
China's retail sales of consumer goods, a major indicator of the country's consumption strength, climbed 4.1 percent year on year in the first five months of this year, official data showed Monday.
June17,2024
Scale of China's food ingredient consumption market up 10.31 pct on-yr in 2023
The scale of China's food ingredient consumption market increased 10.31 percent year on year to 9.37 trillion yuan (about 1.29 trillion U.S. dollars) in 2023, Cui Zhongfu, vice chairman of China Federation of Logistics & Purchasing (CFLP) said on Thursday in Huizhou City, south China's Guangdong Province.
May24,2024
China's online retail sales up 11.5 pct in January-April period
China's online retail sales saw steady expansion in the first four months of 2024, with emerging growth forces continuing to boost consumption, official data showed on Tuesday.
May22,2024
Listed firms log stellar performances, boosted by bright spots in consumption, exports
China's listed companies recently released their annual 2023 reports, reporting robust performances with bright spots noted in the consumer and export markets, analysts have said.
May16,2024
Letter from China: Feeling pulse of China's vibrant consumption market
If I had not been there myself, I would not have believed that a physical marketplace could be so popular in the internet age.
April15,2024
China launches global consumption event series at heavyweight expo
China launched a series of global consumption events on Saturday at the fourth China International Consumer Products Expo in Haikou, capital city of south China's Hainan Province.
April15,2024
China's booming NEV market sees fierce price competition
The production and sales of automobiles in February reached 1.506 million and 1.584 million units, down 37.5 percent and 35.1 percent month on month respectively, data from the China Association of Automobile Manufacturers (CAAM) showed on Monday.
March14,2024
Young consumers' handbag culture reveals new consumption attitude
A unique handbag culture has popped up in China as many young people are abandoning brand-name bags and turning to makeshift handbags such as reusable grocery bags or conference bags of various materials.
February26,2024
China sees booming consumption during Spring Festival holiday
China has seen a boom in consumption during the Spring Festival holiday, making a good start to 2024, an official with the Ministry of Commerce said on Thursday.
February23,2024
China Focus: Int'l brands embrace Chinese market by tapping into "Year of the Dragon"
As the Chinese Lunar New Year, or the Spring Festival, approaches, numerous international brands have tapped into Chinese zodiac culture and unveiled Year of the Dragon limited edition products to embrace the Chinese market.
February04,2024
China Focus: China ushers in new consumption scenarios ahead of Spring Festival
Fresh steam is being added to China's Spring Festival consumption drive as the world's second-largest economy taps its supersized market and creates new scenarios and products for its vast number of consumers.
January31,2024
"First-store economy" spurs consumption in southwest China
After a long day of work, Huo Can, a resident of southwest China's Chongqing, finds solace in strolling among the wooden shelves filled with various artifacts, picking up a book from the shelves and sitting by the floor-to-ceiling windows with a view of the Jialing River.
January22,2024
Xinhua Headlines: China taps consumption potential to sustain high-quality growth
China is striving to forge consumption into a powerful engine to drive economic circulation.
January22,2024
InPics: Highlights of China's thriving logistics sector
China's logistics sector has produced robust performances in recent times, mirroring warming consumption demand and firmer economic dynamics.
January10,2024
Xinhua Headlines: Robust New Year consumption points to China's economic vitality
From record box office earnings to bustling tourist attractions, China's three-day New Year holiday witnessed warming consumer sentiment and got the economy off to a strong start in 2024.
January03,2024
China's express delivery volume surges in "Double 11" shopping spree as consumption further recovers
China's express delivery volume saw a sharp increase during the annual "Double 11" online shopping spree, adding evidence to the recovery and expansion of the consumer market, official data showed.
November20,2023
Booming instant retail fast-tracks consumption evolution
How many items would one need to pack for a week-long holiday? The answer for a growing number of young Chinese travelers is nothing but a cellphone.
November17,2023
China's natural gas consumption up 7 pct in Jan-Sept
China's natural gas consumption logged a steady rise in the first three quarters of 2023 amid efforts to achieve green development, data from the country's top economic planner shows.
November15,2023
China's online shopping spree reveals fresh spending preferences
Young Chinese consumers are showing a growing interest in domestic brands while imported products continue to gain popularity, according to insights from Chinese e-commerce giant JD.com.
November13,2023
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