During the January-October period, China's total retail sales of consumer goods amounted to 36.6 trillion yuan (US$5.17 trillion), marking a 4.4% increase year on year, 1.2 percentage points higher than the year-on-year growth rate in the same period last year, an official of the Ministry of Commerce said at a press conference on Thursday.
November 27, 2025China has rolled out a range of measures from nationwide trade-ins to tax refund upgrades to boost consumer spending and drive growth this year. Data released on Thursday shows the trade-in program for consumer goods generated over 2.4 trillion yuan (US$338.92 billion) in sales in the first 10 months.
November 28, 2025China has unveiled a comprehensive plan to improve the alignment of the supply and demand of consumer goods, in its latest move to tap the potential of its super-large market and provide sustained momentum for the world's second-largest economy.
November 28, 2025China's Ministry of Industry and Information Technology and five other departments released an action plan on Wednesday, mapping out key measures to better align the supply and demand for consumer goods and further stimulate consumption.
November 26, 2025