A new plan to expand consumer spending unveiled on Sunday is expected to encourage consumption and drive economic growth in China. The country has maintained its position as the world's second-largest consumer market and largest e-commerce market for over a decade.

March18,2025

In China's southern tech hub Shenzhen smartphone maker Oppo last week unveiled its latest flagship product -- a foldable Find N5 notable for its slimness and lightness. The DeepSeek-R1 AI reasoning model has also been integrated into the device, enabling seamless voice activation and even smarter functionalities.

February26,2025

Wu Zenghe, who has been in the bed-and-breakfast (B&B) business for over a decade, feels that the enthusiasm for cultural travel consumption among China's elderly has been constantly rising in recent years.

February26,2025

China's supersized consumption market provides enormous cooperation opportunities for countries around the world, a Chinese foreign ministry spokesperson said on Thursday.

February14,2025

New consumption trends are forming in China, as Chinese youth are prioritizing spending on goods that bring joy, experiences that can be shared, and items empowered by smart technology, according to report by People's Daily on Wednesday.

February08,2025

China will further implement the special campaign to stimulate consumption, actively expand imports and attract foreign investment this year, according to a national commerce work conference held in Beijing from Saturday to Sunday.

January13,2025

China's small and medium-sized enterprises (SMEs) saw improved business performances between October and December 2024, according to a report from the China Association of Small and Medium Enterprises released on Sunday.

January13,2025

China is poised to implement a clear-cut fiscal policy in 2025 that aims to intensify countercyclical regulation and will be "highly proactive," officials said Friday.

January11,2025

China's top market regulator on Monday announced that it will implement a three-year action plan to optimize the consumer environment beginning next year, as part of broader efforts to boost domestic consumption.

December24,2024

China's economic recovery showed further signs of strengthening in October as recent pro-growth policies provided a fresh boost to the world's second-largest economy.

November18,2024

This year's "Double 11" shopping festival is the longest ever. A heady, instant extravaganza has evolved into a month-long affair.

November12,2024

Approximately two months after the conclusion of the Paris Olympic Games, Chinese people's enthusiasm for sports is driving an increase in travel and consumption during the week-long National Day holiday, with numerous visitors swarming into sports venues to participate in or watch various sports activities.

October08,2024

China's listed companies have seen improvement in performance quarter by quarter since the beginning of this year, with service consumption, export growth and new economic drivers contributing to the recovery trend.

September26,2024

Shanghai will allocate 500 million yuan (about 71.14 million U.S. dollars) from its municipal budget to issue consumption vouchers for the dining, accommodation, cinema and sports sectors, the Shanghai municipal government's information office said on Wednesday.

September26,2024

The just ended Mid-Autumn Festival holiday which fell on September 15 to 17 this year has seen booming cultural and tourism activities, as well as vibrant consumption driven by the successive implementation of relevant policies.

September20,2024

Rising gold prices have prompted many young consumers in China, the world's largest gold producer and consumer, to buy gold accessories.

September06,2024

China's digital yuan transactions amounted to 7 trillion yuan (about 986.07 billion U.S. dollars) by the end of June this year, said the central bank's deputy governor on Thursday.

September06,2024

The summer spending frenzy in China, marked by notable consumption growth in tourism, entertainment and sports, has demonstrated service consumption's expansion potential and its contribution to the overall economic development of the country.

August22,2024

China will actively expand domestic demand and put consumption promotion at a more prominent position in the next step, Yuan Da, a senior official with the National Development and Reform Commission (NDRC) told a press conference Thursday.

August01,2024