Tag #Consumption

Showing 1 to 12 of 125 results

spanish.china.org.cn
🌐 85% Global Worthiness
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China's Top 500 Service Firms Hit Record Revenue in 2024

China's top 500 service firms achieved record revenue of 51.1 trillion yuan ($7.19 trillion) in 2024, exceeding 100 billion yuan per firm on average, driven by robust domestic demand and government support.

Progress

40% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
🌐 75% Global Worthiness
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Fengyi Bay Park Drives Rural Consumption in Sichuan

Located in Nanchong, Sichuan, the Fengyi Bay China-France agricultural technology park attracted 1.2 million visitors in 2022, generating 800 million yuan ($112 million) in revenue through tourism and agricultural product sales, significantly boosting local consumption and farmer incomes.

Progress

52% Bias Score

Decent Work and Economic Growth
french.china.org.cn
🌐 85% Global Worthiness
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China Emphasizes Economic Recovery Through Consumption and Innovation"

Chinese Premier Li Qiang, during the State Council's ninth plenary meeting on October 23rd, 2023, stressed the importance of bolstering China's economic recovery by focusing on consumption, innovation, and addressing property market instability to achieve annual development goals.

Progress

24% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's Consumer Spending Surges 5 Percent Amid Government Initiatives

China's retail sales of consumer goods grew 5 percent in the first half of 2025, driven by government initiatives like a consumer goods trade-in program that spurred purchases of over 109 million home appliances, contributing to 56.2 percent of GDP growth during the 14th Five-Year Plan (2021-25).

Progress

52% Bias Score

Affordable and Clean Energy
china.org.cn
🌐 75% Global Worthiness
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China Launches Interest Subsidy Program to Boost Consumption

China will offer interest subsidies on personal consumption loans from September 1, 2024, to August 31, 2026, to boost consumer spending, with the central government covering 90 percent of the subsidy funds and provincial governments covering 10 percent, focusing on sectors like automobiles, healthc...

Progress

28% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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China's Consumption Growth Fueled by Stimulus, Trade-in Program

Driven by government stimulus and rising demand for high-end goods, China's domestic consumption grew 5 percent year-on-year in the first half of 2024, reaching 24.5 trillion yuan, with the trade-in program exceeding 1.6 trillion yuan in sales.

Progress

44% Bias Score

Decent Work and Economic Growth
spanish.china.org.cn
🌐 85% Global Worthiness
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China's Top 500 Service Firms Hit Record Revenue in 2024

China's top 500 service firms generated record revenue of 51.1 trillion yuan ($7.19 trillion) in 2024, exceeding 100 billion yuan on average per company for the first time, driven by robust domestic demand and government support.

Progress

40% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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China Unveils Multi-pronged Plan to Boost Domestic Demand

The Chinese government is implementing a multi-pronged strategy to boost domestic demand, including a 300 billion yuan trade-in program for consumer goods that has already spurred purchases of over 109 million home appliances and 74 million digital devices, along with new loan interest subsidies for...

Progress

24% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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China's Retail Sales Surge on Government Initiatives and Services Boom

Fueled by a government-backed consumer goods trade-in program and increased services consumption, China's retail sales of consumer goods grew 5 percent in the first half of 2025, exceeding the first quarter's pace and contributing significantly to the nation's GDP growth.

Progress

40% Bias Score

Affordable and Clean Energy
china.org.cn
🌐 85% Global Worthiness
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Beijing Robot Festival Drives 200 Million Yuan in Sales

The Beijing E-Town Robot Consumption Festival (August 2-17, 2025) boosted robot sales to over 19,000 units, generating over 200 million yuan in revenue, with additional sales fueled by consumption vouchers, showcasing increased consumer interest and the growing affordability of robots across various...

Progress

32% Bias Score

Industry, Innovation, and Infrastructure
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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China's Booming Consumer Market: Pop Mart, Mixue, and Laopu Gold Lead the Way

Three distinct consumer groups—urban middle-income earners, Gen Z, and small-town youth—are driving China's booming consumer market, with brands like Pop Mart, Mixue, and Laopu Gold achieving remarkable sales growth in 2024 (13 billion, 24.8 billion, and 9.8 billion yuan respectively) by catering to...

Progress

44% Bias Score

Reduced Inequality
china.org.cn
🌐 85% Global Worthiness
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China's Consumption Market Booms, Driven by Stimulus and High-End Demand

China's retail sales surged 5 percent year-on-year to 24.5 trillion yuan in the first half of 2025, exceeding expectations due to government stimulus policies like a 300 billion yuan consumer goods trade-in program and improved tax refund policies for tourists, boosting both domestic and internation...

Progress

44% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 125 results