# consumption
Latest news and articles about consumption
Total: 12 articles found
Beijing’s Economists Push a New Playbook: Diversify, Rebuild Confidence and Green the Supply Chain
At NetEase’s 2026 economists’ conference in Beijing, officials, academics and business leaders argued that China’s next growth phase requires diversified, symbiotic policy: bolster household confidence with social and fiscal measures, pivot toward consumption and services, manage US trade frictions pragmatically, and accelerate credible green supply‑chain transition. The forum stressed that technology and AI pose both productivity opportunities and risks to human skills, while corporate ESG work faces significant implementation hurdles.
Shanghai Moves to Supercharge the Second‑hand Economy with 'Internet+' Push and Tighter Rules
Shanghai has issued guidance to expand its second‑hand goods market by scaling an “Internet+” model, improving trade‑in and registration procedures for cars and electronics, and encouraging third‑party testing and appraisal services. The package aims to boost consumption, formalise trading practices and advance circular‑economy goals, while posing enforcement and data‑privacy challenges.
Henan Leads as China’s Big Provinces Shift from Old Industries to New Growth Engines
Seven of China’s ten largest provincial economies grew faster than the national 5.0% pace in 2025, led by Henan at 5.6%. The data point to a structural shift toward services, high‑tech manufacturing and clean energy, with regional convergence narrowing output gaps but leaving risks from investment, debt and external demand.
Shanghai, Beijing and Zhejiang Pull Ahead as China’s Household Incomes Rise — But Consumption Lags
China’s national per‑capita disposable income rose 5% to 43,377 yuan in 2025, led by Shanghai, Beijing and Zhejiang, while household spending growth slowed to 4.4%. The gains are concentrated in coastal and major city provinces, and policymakers are prioritising income and job measures to revive consumption.
China's 2026 Growth Playbook: Policy Push, Consumption Pivot and a Tech-Led Transition
China ended 2025 with 5% GDP growth and its economy topping RMB 140 trillion. For 2026 economists expect coordinated fiscal and targeted monetary easing to prioritise domestic demand, with consumption and services leading a structural shift toward technology-driven growth.
Three Briefings, One Signal: Beijing Mobilises Policy Tools to Stabilise China’s Housing Market
On 20 January 2026 Beijing issued a trio of policy signals — income-support planning from the NDRC, a pledge of more expansive fiscal spending from the Finance Ministry, and new urban-renewal measures from the Ministry of Natural Resources — that together amount to a coordinated boost for the real-estate sector. The package signals a strategic pivot from short-term stimulus toward building household purchasing power and accelerating redevelopment as levers for stabilising growth and consumption.
Beijing Layers Fresh Fiscal Lifelines to Spur Consumption and Private Investment in 2026
China has rolled out a six-part fiscal-financial package for 2026 focused on propping up domestic demand by cutting private financing costs, expanding guarantee and risk-sharing schemes, and extending consumer loan subsidies. The measures are paired with commitments to sustain fiscal outlays in priority areas, improve budget efficiency, and accelerate technology and green transitions.
Beijing Draws Up Plan to Lift Household Incomes as Consumption Becomes China’s Growth Bedrock
China’s NDRC is preparing a package of measures to boost urban and rural household incomes and shore up consumption, pairing immediate demand support—such as trade‑in subsidies and job stabilisation—with investment, service‑sector expansion, and reforms to spur private participation. The moves respond to data showing consumption is now a leading driver of growth even as officials warn of a supply‑demand imbalance.
China Tops 140 Trillion Yuan in 2025 — Growth Hits 5% but Reveals K‑Shaped Fault Lines
China met its 2025 growth target, recording 5% GDP growth and crossing 140 trillion yuan, while per‑capita GDP rose to about $13,953. The expansion was sharply uneven: high‑tech and equipment manufacturing led the gains even as investment fell and consumer momentum softened, producing a K‑shaped recovery and renewed calls for targeted fiscal and redistributional measures.
China Reports Modest 5% Rise in Household Incomes as Rural Gains Narrow Gap but Disparities Persist
China's per‑capita disposable income rose 5.0% in 2025 to 43,377 yuan, with rural incomes growing faster than urban ones though remaining far lower in level. Consumption expanded more slowly at 4.4%, while spending shifted toward education, transport and services, and median incomes remained noticeably below means, indicating income concentration.
China closes the '14th Five' with 5% growth — industrial upgrade and exports bolster a still-fragile recovery
China reported 5.0% real GDP growth in 2025 and declared the goals of the 14th Five-Year Plan achieved, driven by gains in high-tech manufacturing, exports and services. Yet consumption remains tepid, fixed-asset investment — particularly in property — has fallen markedly, and demographic decline and external uncertainty pose medium-term risks.
China’s Consumer Recovery Remains Tepid in 2025 — Auto Weakness Caps Growth While E‑commerce Fuels Gains
China’s retail sales expanded modestly in 2025, with full‑year growth of 3.7% and December up 0.9%. A weak auto market held back headline figures even as e‑commerce — particularly online groceries — and convenience formats drove better performance.