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Economic Watch: "Debut economy" boosts China's consumption vitality
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
Silver economy boosts cultural, elderly tourism development
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 consumption boom presents opportunities for all countries: foreign ministry
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: Chinese youth spend for joyful, shareable, and intelligence-empowered experiences
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
Foreign goods multiplies Spring Festival purchase choices: French companies and organizations
Optimistic about the development potential of China's consumer market, French enterprises and organizations sincerely welcome the Spring Festival consumption boom.
February05,2025
China to boost consumption, expand imports in 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
Development index of China's SMEs picks up in Q4 2024
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
Economic Watch: China vows "highly proactive" fiscal policy to shore up economy
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 to implement 3-year action plan to optimize consumer environment
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
Xinhua Headlines: China's economic recovery firms up in October amid greater policy support
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
Xinhua Headlines: Longest "Double 11" shopping spree unleashes China's surge of consumer vitality
This year's "Double 11" shopping festival is the longest ever. A heady, instant extravaganza has evolved into a month-long affair.
November12,2024
Passion for sports boosts holiday travel, spending in China
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
Economic Watch: China's listed firms sustain recovery momentum as policy support builds up
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 to issue consumption vouchers worth total of 500 million yuan
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
Mid-Autumn Festival holiday consumption shows vibrant domestic demand
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
Gold jewelry among favored items for young consumers
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 hit 7 trln yuan
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
Summer spending boom showcases China's service consumption potential
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 to put consumption promotion at more prominent position: top economic planner
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
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
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