consumption

Chinese consumers spent nearly 700 billion RMB on e-commerce platforms like JD.com, Pinduoduo and Alibaba’s Tmall during China’s mid-year 618 shopping festival in 2022, although cautious post-lockdown consumers put a damper on some of the festival’s usual fireworks, writes Robynne Tindall China’s major e-commerce platforms sold approximately RMB 695.9 billion (£84.7 billion) of goods during China’s annual 618 shopping festival (measured in gross merchandise volume from 31 May to 18 …

After decades of mass migration to cities, today, many young people in China are turning to nature for adventure, solace, and to escape their urban working lives With tight border restrictions and barren flight schedules suspending international leisure travel from China and months-long lockdowns in major cities making even inter-provincial travel near impossible, China’s travel sector has had a very difficult couple of years. However, one niche area has seen …

Is China seeing a tourism boom? With Covid-19 under control in the country, the upcoming May holiday is expected to bring record levels of travel and spending, writes Robynne Tindall. More than 250 million people are expected to take trips around China during the upcoming Labour Day national holiday from 1-5 May. This year’s holiday has been extended to five days instead of the usual three in a bid to …

Newly-released figures suggest the Chinese economy is experiencing a strong post-pandemic resurgence. According to figures released by China’s National Bureau of Statistics on Friday, 16 April, the Chinese economy grew 18.3% in the first quarter of 2021, the fastest growth on record. These record-breaking numbers come in comparison to the steep 6.8% slump in Q1 2020 caused by strict nationwide lockdowns in the early days of the Covid-19 pandemic. The …