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Economic Watch: Spring Festival consumption reveals China's new economic momentum
With the Spring Festival just days away, China's annual rush to buy "nianhuo," or holiday goods, is offering a snapshot of an economy in transition, as younger shoppers are reshaping demand, imported products are becoming routine purchases and a government-backed trade-in program is unlocking new consumer spending.
February11,2026
Accelerating rise of "new forces" activates China's fresh economic momentum
The application of new technologies, the ascending of new industies and the expansion of new consumption mode have propelled an accelerating rise of "new forces" for China's economy in 2023, providing stronger momentum for high-quality development in China.
January05,2024
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