Social Security Reforms to Drive Consumption Growth in China
Robin Xing of Morgan Stanley forecasts robust domestic consumption by 2025, driven by stimulus and anticipated social security reforms.
Consumption
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Healthy Consumption Transformation Drives Change in the Chinese Mainland
Experts dismiss the ‘consumption downgrade’ narrative, highlighting a healthy, sustainable shift in the Chinese mainland’s consumer market.
China to Enhance Consumption Policies Beyond 2024, J.P. Morgan Expert Predicts
China’s annual Two Sessions opens with expectations of increased policy support for domestic demand and consumption, according to J.P. Morgan’s Chief Economist.
Spring Festival Travel Rush Powers China’s $93 Billion Consumption Rebound
China’s Spring Festival travel rush fueled a $93 billion consumption rebound, with over 9 billion trips and a surge in domestic tourism and entertainment spending.
Over 20 Million Chinese Consumers Embrace New Electronics Trade-In Subsidies
Over 20 million Chinese consumers have seized the new electronics trade-in subsidies, sparking a significant boost in sales and supporting economic growth.
2025 Spring Festival on the Chinese Mainland Sees Record-Breaking Travel and Consumption
The Chinese mainland’s 2025 Spring Festival holiday breaks records in travel, leisure, dining, and consumption, marking the first celebration since its UNESCO Intangible Cultural Heritage inscription.
China Targets Domestic Demand to Drive Economic Growth by 2025
China’s policymakers aim to boost domestic demand and improve investment efficiency as key economic goals by 2025, according to discussions on BizTalk with leading economists.
National Day Sparks Travel & Spending Boom in China
China’s National Day holiday from October 1-7 saw a significant surge in tourism and consumer spending, driven by increased passenger trips and box office revenues.
China’s Mid-Autumn Festival Sparks New Consumption Trends and Travel Boom
China’s Mid-Autumn Festival drives significant economic vitality, with record-breaking travel numbers and new consumption trends setting the stage for the upcoming National Day golden week.
Qixi Festival 2024: Gen-Z’s Evolving Approach to Romance
Explore how Gen-Z is reshaping the romantic economy for Qixi Festival 2024 with a shift towards personalized and experience-based gifts.