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Retail sector to consolidate growth

China's consumer market is poised to gain recovery momentum this year, and the country's rising middle-income group is playing a vital role in driving consumption growth and unleashing immense retail sales potential, said Daniel Zipser, senior partner of global consultancy McKinsey & Co.


Retailers get into celebratory mood

Consumer brands are actively engaging in competition by infusing traditional and cultural elements into their design and marketing strategies.


China's outdoor sports boom driving business growth

The 2024 Chongqing Marathon, which is scheduled for March 24, saw 100,000 applications in a single day. Only a fraction will be selected through a lucky draw to run the 42-kilometer distance.


China's major consumption trends in 2023

China's consumer spending trends have seen a positive upturn as consumer spending contributed 83.2 percent to economic growth during the first three quarters of 2023, the Guangming Daily reported.


Vibrant consumption fuels China's economic recovery

Despite external pressure and internal difficulties, China's economy has achieved a recovery and made solid progress in high-quality development in 2023, noted the annual Central Economic Work Conference held last week.


FMCG segment to further pick up in Q4

China's fast-moving consumer goods (FMCG) sector showed mild recovery during the first nine months, thanks to rising consumer interest in healthy, cost-efficient and distinctive products, a new report showed.


China's sports consumption continues to grow

Going to the gym after work, watching games with friends on weekends, surfing in summer, and skiing in winter — many people have made sports and fitness a lifestyle. As a result, the sports industry is experiencing rapid growth.


Snow tourism set for robust growth

Business opportunities jump after China optimizes COVID-19 response measures


Chocolatiers eye nation's robust confectioneries market

China's consumption of chocolate and other sweets is witnessing robust growth this year, as more people pass by shops selling such products after a three-year pandemic kept many indoors for long stretches.