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.
Consumer confidence remains subdued in China, but spending patterns show a decisive shift to categories that enhance lifestyle, health and technology.