Trade-Ins and Trendy Tastes Drive 3.7% Retail Growth on the Chinese Mainland
The Chinese mainland’s retail sales surged 3.7% to 50.12 trillion yuan in 2025, fueled by policy support like trade-ins and evolving consumer habits.
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The Chinese mainland’s retail sales surged 3.7% to 50.12 trillion yuan in 2025, fueled by policy support like trade-ins and evolving consumer habits.
In H1 2025, digital consumption in the Chinese mainland hit 9.37 trillion yuan—46.5% of household spending—with 958 million online consumers by June.
China’s 15th Five-Year Plan (2026-2030) sets the stage for a retail revolution, focusing on quality, services, and seamless online-offline experiences to boost consumption.
Despite political flare-ups in mid-November 2025, Chinese consumers remain calm, favoring rising domestic brands over Japanese goods as local competition soars.
On November 28, Black Friday kicks off with US consumers shifting towards essentials as spending expectations drop and confidence hits record lows.
China unveils an action plan to cultivate three trillion-yuan consumer sectors and 10 hotspots by 2027, boosting high-value goods, AI integration, and consumption growth.
Chinese premier Li Qiang chairs a State Council meeting on Nov 14 to roll out measures boosting consumption, innovation investments, AI integration, and revised laws under the 15th Five-Year Plan.
Service consumption in the Chinese mainland rose 5.2% in the first three quarters, driving economic growth and reflecting a shift toward diverse, quality-oriented spending.
Discover how Chinese consumers thrive amid tariff uncertainties, using livestream trends to drive buys from pet care to beauty products.
CGTN’s unique Double 11 ‘job fair’ has industries competing to impress you with the best deals! From eco-friendly gadgets to exotic fruits, see who gets ‘hired’ and enjoy amazing savings!