China's economy expanded by 5 percent year on year last year, meeting the annual target of around 5 percent. Retail sales in the country's urban regions rose 3.6 percent year on year in 2025, while ...
China will step up efforts to boost domestic demand through targeted consumption stimulus, expand service-sector spending, ...
Certain digital and smart products, including mobile phones, tablet computers, smartwatches and smart bands, are also covered ...
BEIJING, Jan. 11 (Xinhua) -- China's Ministry of Commerce will further boost consumption and expand opening-up as part of its ...
2月23日召开的中央财经委员会第四次会议强调,实行大规模设备更新和消费品以旧换新,将有力促进投资和消费,既利当前、更利长远。 It was stressed at the fourth meeting of the Central Commission for Financial and Economic Affairs held on Feb. 23 that large-scale ...
BEIJING, Jan. 19 (Xinhua) -- China's retail sales of consumer goods, a major indicator of the country's consumption strength, climbed 3.7 percent year on year in 2025, official data showed Monday.
Some media reports suggest launching of a reform for consumption tax after the country nears completing its process of replacing the business tax with value-added tax. Consumption tax is the tax ...