China’s Holiday Boom: Cultural Fests and Consumer Innovation Spark Economic Surge
China’s National Day and Mid-Autumn holidays drive cultural events, record-breaking travel, and consumer innovation across the Chinese mainland.
ConsumerTrends
How Sichuan’s Growth Is Creating a Cozy Urban Lifestyle
Sichuan’s retail sales jumped 5.6% Jan–July, topping 1.65T yuan. Discover how digital vouchers, pop-up markets and livestream shopping fuel a cozy urban lifestyle.
Inclusivity and Diversity Drive China’s $420B Fashion Surge
China Fashion Week spotlights inclusivity and diversity as the market surges toward $420B, driving upgrades and economic value for global consumers.
Tariff Shock: Luxury Goods Prices Surge After US-EU Trade Deal
A new US-EU trade deal slaps a 15% tariff on EU imports, driving up luxury goods prices and cooling demand. Here’s how brands and shoppers are adapting.
U.S. Beef Prices Hit Record High as Cattle Herd Shrinks
U.S. beef prices jumped over 10% in July as the cattle herd shrinks, outpacing inflation. Consumers adapt with lean cuts and plant-based swaps amid tighter supply.
Chinese mainland retail sales rise 3.7% in July
Chinese mainland retail sales rose 3.7% in July, signaling renewed consumer confidence and digital consumption trends across major markets.
China’s Tax Refund Sales Skyrocket 94.6% in H1
China’s outbound tax refund sales surged 94.6% in H1 as Beijing, Shanghai, and Guangzhou expand tax refund stores, driving a new wave of global shopping and retail innovation.
China’s Unexpected Economic Resilience Fuels New Growth Era
China posted a surprising 5.3% H1 growth, driven by manufacturing upgrades, surging services, and renewed consumer confidence—showing unexpected economic resilience.
China Launches Ambitious Plan to Revitalize Rural Service Sector
China unveils a 14-point plan to boost its domestic service sector, aiming to create jobs, boost rural incomes, and modernize consumer services in urban and rural areas.
New Policies Fuel Consumption in China’s Economy
Experts at WEF 2025 in Tianjin explore how the Chinese mainland’s latest consumption policies are reshaping consumer confidence and driving economic growth.