In 2025, the Chinese mainland is spearheading a consumption upgrade and expanding domestic demand through a mix of strategic initiatives. By opening up the service sector to high-quality life services\u0014think cutting-edge healthcare, immersive cultural entertainment and beyond\u0014the market is buzzing with fresh energy.
Data from the China Financial 40 Forum's first-quarter 2025 macro policy report shows that while demand challenges persist, cash flow across sectors is improving. The real estate market tells a nuanced story: first-tier cities are starting to see residential sales and prices stabilize, whereas second- and third-tier cities continue to adjust to market realities. Meanwhile, exports have remained robust, facing limited drag from tariff pressures.
To keep momentum going, experts recommend fast-tracking public investment and key reform breakthroughs to boost domestic demand; stabilizing stock and foreign exchange markets to curb excessive volatility; maintaining dialogue while opposing the US's "maximum pressure" tactics; supporting affected workers and enterprises; and creating a business-friendly environment both at home and abroad. Together, these steps aim to turn policy blueprints into real-world impact, powering the next wave of growth in the Chinese mainland.
Reference(s):
Consumption upgrade & demand expansion: New trends in China's market
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