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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
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
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