
China launches new urban renewal drive for high-quality growth
China unveils new urban renewal measures to upgrade infrastructure and boost high-quality growth by stimulating investment and consumer spending.
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China unveils new urban renewal measures to upgrade infrastructure and boost high-quality growth by stimulating investment and consumer spending.
Strong policy support and robust domestic demand are propelling the Chinese mainland economy to new highs, from industrial gains to a consumer spending surge.
Chinaâs State Council meeting spotlights domestic demand as the cornerstone of economic resilience, with consumption now driving over 60% of GDP growth and targeted policies for sustainable expansion.
May Day holiday travel hit 314M trips (+6.4% YoY) with „180.3B in spending (+8%), showcasing the Chinese mainlandâs robust domestic demand and policy-driven growth.
As U.S. tariffs rise, the Chinese mainland leans on domestic demand and new markets to cushion export shocks through agile policies and e-commerce ties.
Ex-IMF senior representative Alfred Schipke champions domestic demand as the key to revitalizing consumer confidence in the Chinese mainland with 30 targeted measures.
Chinaâs bold 2025 plan aims to boost domestic consumption, enhance household income, and reshape its economic growth model.
China has unveiled a plan with special initiatives to boost consumption and drive domestic demand through innovative measures.
The Chinese mainland targets a 5% economic growth rate for 2025, focusing on boosting domestic consumption and investment to achieve this goal.
China is ramping up its economic growth by boosting domestic consumption with a $41.7 billion stimulus, focusing on service sectors and innovative consumer markets.