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China’s consumer market is booming, driving economic growth with retail sales expected to exceed 50 trillion yuan this year. Service consumption surges, foreign investment rises, and tourism rebounds strongly.
Chinese Premier Li Qiang announced plans for China to become a ‘mega-sized consumer powerhouse,’ emphasizing the nation’s efforts to expand domestic demand and create opportunities for global businesses.
Despite global challenges, China’s economy shows resilience. May 2025 data reveals strong consumer recovery, robust exports, and innovation-driven growth, highlighting future potential.
China’s robust domestic demand is helping the nation tackle external economic challenges, showcasing the strength of its consumer market amid global uncertainties.
China’s government is promoting weight loss, sparking a surge in the sports equipment market as people embrace healthier lifestyles.
The 5th China International Consumer Products Expo in Hainan Province drew record participation and saw intended deals worth around 92 billion yuan ($12.6 billion).
China has announced a plan to boost consumption by promoting the “debut economy,” encouraging new products and services to stimulate consumer demand and support economic growth.
China’s Commerce Minister Wang Wentao highlights how “Ne Zha 2” has driven a surge in moviegoing, boosting consumption alongside increased tourism during the unique Chinese New Year celebrations.
China’s consumer market is set for steady growth in Q1, as strong sales during the Spring Festival holiday boost optimism, according to a commerce ministry spokesperson.
China’s domestic demand is propelling its economic growth amid global challenges, highlighting the resilience and potential of its consumer market.