
China’s Consumer Market Poised for Steady Q1 Growth
China’s consumer market is expected to show steady growth in Q1, supported by robust sales during the Spring Festival and increased domestic tourism.
News & Insights Across Asia
China’s consumer market is expected to show steady growth in Q1, supported by robust sales during the Spring Festival and increased domestic tourism.
China’s tourism market saw record growth during the eight-day Spring Festival holiday, with 501 million domestic trips and tourist spending exceeding 677 billion yuan.
China and Kyrgyzstan sign a joint statement to deepen their comprehensive strategic partnership, focusing on economic collaboration, the Belt and Road Initiative, and enhanced connectivity through infrastructure projects.
China’s 2025 Spring Festival sees strong consumption boost through vouchers and policies, driving economic growth and holiday spending.
The Chinese mainland’s 2025 Spring Festival saw a 5.9% increase in domestic trips and a 7% rise in spending, fueled by UNESCO recognition and vibrant cultural attractions.
China created 12.56 million new urban jobs in 2024, with the unemployment rate at 5.1 percent, reflecting a stable employment situation, according to the Ministry of Human Resources and Social Security.
China’s central bank’s multifaceted monetary policies are set to boost economic growth in 2024, with experts highlighting significant measures supporting the real economy.
China National Building Material Group Co., Ltd. (CNBM) held its first online open day at Zambia Industrial Park, showcasing its contributions to local economic growth and development.