Consumption

New Business

Policy body urges China to confront economic challenges, confident of demand recovery

China’s top economic policy coordinator has urged the country to confront unavoidable challenges, while expressing confidence that investment and consumption…

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New Business

China tourism: cold spots are hot tickets as southern residents head north to ski

With temperatures falling and holidays approaching, ski resorts across northern China are experiencing a surge in visitors from the south,…

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New Business

China’s 2025 growth forecast raised to 5% by IMF, citing resilience

China’s economy is projected to grow by 5 per cent in 2025 before slowing to 4.5 per cent in 2026,…

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New Business

Opinion | How China could solve its consumption conundrum

China’s most effective tool to revive consumption may be the simplest: a one-off distribution of 3,000 yuan (US$424) per person…

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New Business

China names ‘hotspot’ sectors in 19-point plan to spur consumption

China has launched a 19-point plan to better align the supply of consumer goods with demand, as Beijing steps up…

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New Business

Frost and funds: China’s winter sports boom drives spending and industry growth

Each winter for the past three years, Claire Zhou, a teenager from the southern Chinese city of Guangzhou, has counted…

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China’s ‘tough’ trade war stance rests on industry but demand still vital: Morgan Stanley

China’s supply chain upgrades have strengthened its hand in negotiations with the United States and are expected to bolster its…

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New Business

As China drafts its next 5-year plan, is GDP still the magic number?

For decades, the annual target for gross domestic product growth was the most critical policymaking benchmark across China. In pursuit…

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New Business

Opinion | China needs to chart a new course to become world’s largest importer

In 2009, China surpassed Germany to become the world’s largest exporter of goods, a position it has maintained for the…

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New Business

Boost household income to drive China’s economy in next 5 years, ex-official urges

China should make greater efforts to boost household income over the next five years as the world’s second-largest economy looks…

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