News & Insights Across Asia
China announces a three-pillar strategy to stimulate domestic consumption in 2026, targeting service sectors and lower-tier markets to strengthen its $6.9 trillion retail economy.
China’s retail sales surpassed 50 trillion yuan in 2025, with consumption driving over half of economic growth. The 2026 Two Sessions highlights policies to sustain this momentum.
China experienced a significant surge in consumer spending during the Spring Festival holiday, marking a strong start to 2024, with increases in retail sales and booming service sectors.
