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.
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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.