Consumption - My Global News: Voices of a New Era

Consumption in the Chinese Mainland Soars to $6.78T in 14th Five-Year Plan

My NewsOctober 17, 202503 mins

During the 14th Five-Year Plan, consumption in the Chinese mainland surged, with retail sales reaching $6.78T in 2024 and new energy vehicles and services driving growth.

China’s Economy Remains on Track in August with High-Tech and Service Boost

My NewsSeptember 16, 202502 mins

August data shows China’s industrial value added rose 5.2% year-on-year, led by high-tech gains, while service sector growth hit 5.6%, keeping the economy on a steady path.

Chinese mainland Rolls Out Third Bond Round to Boost Consumption

My NewsAugust 1, 202502 mins

The Chinese mainland allocates a third batch of 69 billion yuan in ultra-long special treasury bonds to boost consumer trade-ins, bringing this year’s total to 300 billion yuan.

Beijing’s Viral Hotspots vs. Neighborhood Parks: A Tale of Two Cultures

My NewsApril 30, 202503 mins

Discover Beijing’s two faces: internet-famous hotspots buzzing with viral crowds and serene neighborhood parks nurturing real connections and everyday life.

Think Tank: Chinese Mainland’s Policy Tools to Drive Consumption

My NewsApril 21, 202503 mins

Leading think tank says the Chinese mainland has ample policy tools to boost consumer spending by raising household disposable income with GDP growth.