China's big-ticket items spending grows in first 3 quarters

​In the first three quarters of 2024, consumer spending on big-ticket items such as automobiles and home appliances in China showed a positive trend, with home appliance retail sales in September recording the highest growth rate in over three years, an official from the Ministry of Commerce said at a press conference Friday.

November 5, 2024

China kicks off month-long consumption campaign

China recently launched a month-long campaign in Shanghai, Beijing, Guangzhou, Tianjin, and Chongqing, as part of the country's efforts to boost consumer spending, the Ministry of Commerce announced Friday.

November 5, 2024

Sustained drive set to boost spending

China will ramp up efforts to reinvigorate consumer spending and drive domestic demand across various sectors, to give a much-needed fillip to the country's economic growth momentum in the final stretch of the year, officials and analysts said.

November 4, 2024

Official: China to introduce new policies in November to boost consumption

China will launch a series of consumption promotion events in five major cities in November and roll out new policies aimed at boosting consumer spending, Vice Minister of Commerce Sheng Qiuping said Friday.

November 1, 2024