News & Insights Across Asia
China’s provincial-level governments have set a 2% CPI target for 2025, lowering it by one percentage point from the previous year, aiming to boost consumer demand amid market uncertainties.
China’s economy is exceeding initial forecasts as domestic consumer demand boosts growth. As leaders meet on March 5, increasing purchases of personal devices, cars, and smart home products drive the surge.
Despite speculation of declining consumer demand due to the pandemic, strong overseas interest is evident as over 3,400 foreign exhibitors prepare for the China International Import Expo in Shanghai.