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China consumption

China consumption
The latest news, analysis and opinion on China consumption. In-depth analysis, industry insights and expert opinion.
China’s finance minister on fiscal policy
China GDP

China’s finance minister on fiscal policy

Article by Finance Minister Lan Foan in party journal suggests Beijing is relying on targeted fiscal support rather than big new stimulus to support economic growth.

China trade

Russian exporters fight to win back Chinese buyers amid fallout over fake goods

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China's economic recovery

Editorial | China’s economic recovery calls for a bigger role for private firms

China GDP

China seen doing ‘just enough’ with targeted fiscal support to defend GDP growth

Finance Minister Lan Foan vows reasonably faster public spending and broader subsidies as Beijing battles prolonged property slump and weak domestic demand.

People take photographs from an elevated terrace overlooking the China Central Television headquarters on August 22. China is seeking to bolster domestic demand and sustain economic growth amid continued pressure from a prolonged property downturn, cautious consumer spending and global trade uncertainties. Photo: Getty Images
China-Latin America relations

Brazil’s beef exporters hit a wall in China as 55% tariff kicks in

Surtax on its largest market alarms the industry, which is already locked out of the EU and facing higher US duties.

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Smartphones

Apple leads China smartphone sales after launch of iPhone 18 Pro. Can it last?

Sales in the first three days were 12 per cent higher than the previous generation’s entire first week.

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China’s economic stimulus

China moves towards stimulus as economic concerns grow

The State Council discussed measures to support the economy and stabilise the property market after growth slipped below the government’s full-year target.

Construction of the Shituo Yangtze River Bridge in Chongqing. Photo: Xinhua
China's economic recovery

China asks local governments to ‘intensify’ policy tweaks to boost consumption

Premier Li Qiang calls for more policy experimentation as retail sales remain weak, rising by just 0.4 per cent in August.

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Mainland China

As Chinese retirees boost consumption, some hope for greater respect in society

Age bias is an obstacle to the growth of China’s silver economy, researchers say.

Alibaba

China’s answer to Google Maps now tells you where local taxi drivers eat lunch

Amap is harnessing AI to offer an array of new features, from 3D maps of indoor spaces to hyper-specific restaurant recommendations.

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Alibaba Group Holding’s Amap navigation app has nearly 1 billion monthly users. Photo: Handout
Mainland China

Mooncakes for the dog? How China is reinventing its iconic festive snack

China’s consumers appear to be going off the dense Mid-Autumn Festival treat, but tiny mooncakes for pets are a different story.

Dog mooncakes have become a popular new trend ahead of this year’s Mid-Autumn Festival in China. Photo: Handout
Mainland China

Blue Bottle bets that premium coffee has room to grow in China

US brand, recently sold by Nestlé to Chinese capital firm, will need to offer unique experiences and ‘new taste combinations’, analyst says.

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China travel

Next-level travel: how up to 13 days off could push China’s tourism to new highs

An alignment of Mid-Autumn Festival and National Day holidays stretches time off for millions of Chinese, with breaks reaching up to 13 days.

China economy

Opinion | China has a much bigger priority than winning the AI race

China’s pressing economic problem is that ordinary people still have too little money in their pockets.

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Migrant workers wait to board a chartered train at Dingxi North railway station in northwest China’s Gansu province, in 2024. In 2025, China’s nearly 300 million migrant workers earned just 5,075 yuan (US$758) a month on average, up only 2.3 per cent from the previous year. Photo: Xinhua
Mainland China

Boosting China’s social safety net could address consumption woes: IMF director

The global organisation found that savings of rural households decrease when social and healthcare spending is higher.

People wait outside a busy restaurant in Beijing on Monday. Photo: AFP
China's economic recovery

Economists urge Beijing to act fast on local-level debt while prices remain low

Prominent advisers note importance of central authorities expanding borrowing to fund infrastructure before the current window of subdued inflation closes.

World Gold Council

As China’s consumption of gold jewellery slumps 34%, sellers pivot abroad: WGC

Domestic gold jewellers are seeking to leverage advanced crafting techniques as market sees turbulence, says World Gold Council executive.

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Consumers

How Perfect Diary owner Yatsen plans to give its business a glow-up

The Chinese beauty firm has snapped up a string of overseas skincare brands, but it now plans to focus on expanding its existing portfolio.

Customers browse cosmetics at a Perfect Diary store in Shanghai. Photo: Getty Images
Hang Lung Properties

Pets and personal touches: how China’s luxury hotel market is changing

Today’s Chinese guests expect hotels to offer cultural experiences, personalised touches and a pet-friendly environment, Hang Lung director says.

China economy

China’s economy to see slower loan growth amid sluggish consumption, investment

Loans reverse record contraction a month earlier but fall far short of expectations as property slump drags and deposits rise.

China's economic recovery

Pressure on China’s economy persists in August as investment, consumption slow

The drop in overall fixed-asset investment widened last month, as retail sales grew 0.4 per cent year on year.

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A worker assembles an industrial turbine at a factory in China’s Sichuan province in June. Photo: Xinhua
China travel

How China’s inbound tourism could ease strain on weak domestic consumption

Country’s inbound travel revenue forecast to double share of economy and capture 15 per cent of global holiday market, Swiss bank says.

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Policymakers increasingly see inbound tourism as an incremental consumption driver amid weak domestic demand, a UBS report says. Photo: Xinhua
Mainland China

End of the supermarket? Why China’s shoppers flock to small ‘community stores’

Young Chinese favour local grocery stores offering low prices and fast delivery, with some saying they haven’t been to a supermarket in years.

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Taobao

Taobao’s ‘ugly’ products turn humour and individuality into a booming business

Items that might have once been seen as unmarketable are going viral online as shoppers embrace quirkiness and novelty over conventional aesthetics.

China economy

Improving migrant workers’ lives key to boosting Chinese consumption: HSBC

Report says reforms aimed at reducing their high precautionary savings rate could unlock US$95 billion a year in spending.

Migrant workers at a construction site in Shanghai. Photo: EPA
Apple

Apple enters a crowded foldable smartphone market in China – can it beat Huawei?

The new iPhone Duo flagship handset is trending on Weibo but faces fierce domestic competition and local hurdles.

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Apple’s foldable iPhone Duo is unveiled during Apple’s special event at the Steve Jobs Theater in Apple Park in Cupertino, California, United States, on Wednesday. Photo: EPA
China economy

Gold jewellery loses its lustre as Chinese switch focus to bars and coins

High prices and decline in marriages cited as reasons for one-third drop in jewellery sales in first half of year.

Electric & new energy vehicles

Over 65% of cars sold in China are now EVs as Iran war drives electric shift

China’s electric vehicle adoption rate has hit yet another record high, as rising fuel prices accelerate the pivot away from petrol cars.

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