China's consumer market showed resilience as retail sales rose 2.8% year-on-year during January-February 2026, according to data released Monday by the National Bureau of Statistics (NBS). The growth follows targeted government measures to stabilize domestic demand amid global economic uncertainties.
The NBS report highlights increased spending in e-commerce platforms and green technology products, with analysts noting a 4.1% surge in online retail sales. "This steady growth reflects improving consumer confidence," said Shanghai-based economist Dr. Li Wei. "The numbers suggest successful implementation of Beijing's consumption-boosting policies while maintaining price stability."
Business leaders are watching these indicators closely as China continues to prioritize domestic circulation in its economic strategy. The figures come ahead of key policy meetings this spring that will shape the country's 15th Five-Year Plan implementation.
