China’s Consumption Market Kicks Off Year of the Snake with Robust Start
China’s 2025 Spring Festival sees strong consumption boost through vouchers and policies, driving economic growth and holiday spending.
News & Insights Across Asia
China’s 2025 Spring Festival sees strong consumption boost through vouchers and policies, driving economic growth and holiday spending.
The 2025 Spring Festival holiday in China witnessed a significant surge in tourism and consumer spending, with 501 million trips and 677 billion yuan spent.
Economist Jeffrey Sachs warns that US protectionist tariffs could harm the US and global economy, while China’s rise continues to benefit American industries.
China’s extended Spring Festival holiday boosts tourism and consumer spending, driving economic growth during the festive season.
China’s Spring Festival extends to eight days this year, driving a surge in economic activity and a record-breaking tourism boom.
China’s extended eight-day Spring Festival holiday boosts consumption and sparks a record-breaking tourism surge, with cross-regional trips projected to reach 9 billion.
China’s new quality productive forces aim to drive high-tech innovation and reshape the nation’s economic development amidst global changes.
China accelerates its economic transformation through ‘new quality productive forces,’ emphasizing innovation and high-tech advancements to drive growth.
China accelerates development of new quality productive forces, driving high-tech innovation and high-quality growth in the global economy.
China’s economy grew by 5% in 2024, meeting its annual target. Industrial output and exports led the growth, with fourth-quarter GDP rising by 5.4%, exceeding expectations.