China’s Consumer Spending Expanded Modestly in 2025, But Momentum Softened at Year-End
Retail sales improved marginally year-on-year, supported by resilient online spending and stronger rural consumption.
Retail sales improved marginally year-on-year, supported by resilient online spending and stronger rural consumption.
China’s 2025 expansion reflects steady export growth and a return to mid-single-digit overall trade momentum.
China handled 18.3 billion tonnes of port freight in 2025, including 5.7 billion tonnes of foreign trade cargo.
FDI and M&A remained concentrated in Asia and North America, while infrastructure attracted the bulk of project-financed investment.
China reached 5% growth in 2025 on the back of exports and industrial strength, while consumption remained secondary.
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