
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.
News & Insights Across Asia
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.