China Aims to Be Global Manufacturing Hub and Consumer Market in 2026
China’s commerce ministry outlines 2026 vision to strengthen global trade ties as both a manufacturing powerhouse and leading consumer market, offering opportunities worldwide.
News & Insights Across Asia
China’s commerce ministry outlines 2026 vision to strengthen global trade ties as both a manufacturing powerhouse and leading consumer market, offering opportunities worldwide.
Amid global uncertainties, the Chinese mainland saw robust economic growth in 2024, driven by strong GDP, investments, and consumer market. Analysts are optimistic for 2025.
China’s Central Economic Work Conference emphasizes boosting consumption as a key economic task for 2025, aiming to unlock domestic potential and achieve sustainable growth.
Accenture aims to focus on China’s manufacturing and R&D, consumer market, and talent transformation, said Asia Pacific COO Anoop Sagoo at the 2024 China International Import Expo.
China’s 2023 National Day holiday showcases economic recovery with surging travel, tourism, and consumer spending, signaling a promising future for the nation’s economy.
China’s economy grew by 5.2% in 2023, with consumption, exports, and investment driving growth. Retail sales reached 47.15 trillion yuan, highlighting the resilience of China’s consumer market.
As the 2024 Spring Festival approaches, China’s revitalized consumption market is poised to boost economic growth, with more people integrating travel and entertainment into their holiday traditions.