China’s July Retail Sales Climb 3.7%, Signaling Consumer Resilience
China’s retail sales rose 3.7% in July, marking four months of consecutive growth and signaling strengthening domestic consumption amid global economic uncertainties.
RetailGrowth
Read More
China’s Outbound Tax Refund Sales Jump 94.6% in H1: MOFCOM
China’s outbound tax refund sales surged 94.6% in H1 2024, driven by expanded tax refund stores in major cities, boosting ‘China Shopping’ as a global trend.
China’s Trade-In Program Fuels $154B Surge in Consumer Spending
China’s consumer goods trade-in program drives $154B in sales, boosting domestic demand and retail growth, with over 109M home appliances sold this year.
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.
China’s Trade-In Program Boosts Sales to 1.1 Trillion Yuan
China’s consumer goods trade-in initiative drives 1.1 trillion yuan in sales, boosting domestic demand and sustainable consumption, per Ministry of Commerce data.
China’s Consumer Market Rebounds as People-Centric Policies Drive Growth
China’s retail sales grow 4% year-on-year, driven by rural recovery, tech demand, and policies prioritizing well-being. Upgraded goods lead structural market shifts.