China’s 618 Shopping Festival Breaks Records with Extended Sales, Appliance Boom
China’s 618 Shopping Festival concludes with record-breaking sales, driven by extended promotions, surging home appliance demand, and increased global participation.
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China’s May Retail Sales Surge Defies Expectations
China’s retail sales surged 6.4% in May, driven by holiday spending and policy measures, signaling strong consumer confidence and economic resilience.
U.S. Tariffs Impact Summer Spending: Consumer Surveys Highlight Economic Concerns
Recent surveys reveal U.S. consumers are cutting back on summer spending amid tariff-driven price hikes, with many anticipating a recession.
U.S. Tariff Concerns Drive Consumer Anxiety, Asian Markets Watch Closely
70% of U.S. consumers expect higher prices due to tariffs, with implications for Asian exporters and global supply chains as spending slows.
China’s May Day Holiday Sees 314M Domestic Trips, 6.4% Growth
China reports 314 million domestic trips during May Day holiday, signaling strong consumer confidence and economic recovery in post-pandemic Asia.
Instant Tax Refunds Boost Overseas Tourist Spending in China
China’s expanded instant tax refund policy spurs international tourist spending, boosting retail and cultural appeal across major cities.
U.S. Faces Stagflation Risk as Tariffs Fuel Consumer Stress, Apollo Warns
Apollo Global Management warns U.S. tariffs are triggering stagflation risks, slowing trade with the Chinese mainland, and straining consumer confidence.
China Bets Big on $14T Consumer Push, Hainan as Global Trade Hub
Chinese experts propose $14 trillion consumer stimulus and Hainan Free Trade Port upgrades to drive economic resilience and counter global protectionism.
China Unveils $41B Stimulus Plan to Boost Innovation, Consumption
China announces 300 billion yuan stimulus through special bonds to drive tech innovation and consumer spending, alongside economic reforms.
China Unveils New Action Plan to Drive Consumer-Led Growth
China’s new action plan targets tech upgrades, green industries, and rural markets to boost domestic consumption, aiming to sustain economic growth through consumer-driven strategies.
China Focuses on Income Stability to Boost Consumer Spending
China unveils strategies to stabilize income expectations and drive consumer spending, aiming to make domestic demand the pillar of economic growth.
China Unveils Bold Plan to Fuel Domestic Spending, Drive Growth
China’s new economic strategy prioritizes domestic consumer spending through wage reforms, social programs, and tourism incentives to drive sustainable growth.
CITIC Capital Chair on China’s Growth: Consumer Focus & Reform
CITIC Capital’s Zhang Yichen highlights consumer spending and financial reforms as key drivers for China’s long-term economic growth during the two sessions.
China Unveils Plans to Boost Consumer Spending, Stabilize Foreign Investment for 2025
China’s State Council announces measures to boost domestic consumption and stabilize foreign investment by 2025, focusing on increasing incomes, expanding key sectors, and enhancing foreign enterprise support.
Chinese Mainland Unveils Plans to Stimulate Consumer Spending and Attract Foreign Investment
The Chinese mainland introduces new measures to boost domestic consumption and stabilize foreign investment for 2025, focusing on key growth sectors and enhancing foreign business support.
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.