China’s Consumption-Driven Economy Unlocks New Global Opportunities
China’s shift to a consumption-driven economy is set to boost various sectors and create new opportunities for international companies, highlighted by the Hainan Expo.
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China’s shift to a consumption-driven economy is set to boost various sectors and create new opportunities for international companies, highlighted by the Hainan Expo.
China’s outdoor sports industry is booming this spring, focusing on accessibility and sustainability, turning green into the new gold.
China’s new quality productive forces, especially in strategic emerging industries like NEVs, are driving significant economic and societal advancements.
China’s March CPI rose 0.1% YoY while PPI fell 2.8%, influenced by seasonal demand drops post-Spring Festival.
China’s economy grew by 5.2% in 2023, driven by consumption, exports, and investment. Retail sales hit $6.63 trillion, with consumer spending playing a key role.
Chinese Premier Li Qiang emphasizes the crucial role of high-tech innovation in sustaining robust economic growth, highlighting retail sales growth and proactive fiscal policies.
Janet Yellen’s visit to China seeks to stabilize Sino-US relations while addressing concerns over China’s industrial overcapacity impacting the U.S. and its allies.
AMRO reports the Chinese mainland’s GDP is projected to grow by 5.3% in 2024, up from previous forecasts. ASEAN+3 economies are also expected to see increased growth this year.
Chinese Ambassador Xie Feng discusses the role of new quality productive forces in China’s economic growth and the importance of global collaboration in his exclusive Newsweek interview.
During Qingming Festival, China’s funeral industry showcases its massive scale, with the market expected to reach $56.8 billion by 2026.