China's economic transition is gaining momentum as initiatives to boost consumption and drive innovation take center stage, ...

With more GenZs than the entire population of the United States, their spending power will be a defining factor in shaping ...

China has announced a wide-ranging “special action plan” to promote domestic spending, in an effort to counter the economic impact of tariffs imposed by US President Donald Trump.

Bustling scenes at the opening day of the first global store of "Yiwu Selection", a new grouping of overseas brands in Yiwu, ...

Consumption has always been the "ballast stone" of economic growth and the primary driver of China's economic development.

President Trump has promised “billions and billions” of dollars in new revenue from his tariffs not to mention economic ...

Authorities in China pledged on Sunday to "vigorously boost consumption" and "expand domestic demand in all directions" as ...

Officials from six Chinese government departments including National Development and Reform Commission (NDRC), Ministry of ...

This tends to drag down consumption, which is an important component of economic growth. Last week, NBS said China’s Consumer Price Index (CPI), a benchmark for measuring inflation, fell by 0.7% ...