China Nears Top Spot as Global Consumer Market, Analysts Say
FT analyst Martin Wolf predicts China’s rise as the world’s largest consumer market by 2025, driven by economic expansion and policy reforms.
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FT analyst Martin Wolf predicts China’s rise as the world’s largest consumer market by 2025, driven by economic expansion and policy reforms.
The fifth China International Consumer Products Expo in Hainan highlights global brands’ confidence in China’s market and innovation, with record international participation.
Key Chinese officials outlined initiatives to stimulate domestic spending through fiscal measures, job creation, and market reforms during a high-profile State Council press conference.
China’s consumer market is expected to show steady growth in Q1, supported by robust sales during the Spring Festival and increased domestic tourism.