At a State Council Information Office briefing on the 22nd, the office said final consumption expenditure accounted for an average 55% of China's economic growth since the 18th CPC National Congress, making consumption the primary growth driver. Chin

2026-10-22

At a State Council Information Office briefing on the 22nd, the office said final consumption expenditure accounted for an average 55% of China's economic growth since the 18th CPC National Congress, making consumption the primary growth driver. China's total retail sales of consumer goods reached 50.1 trillion yuan in 2025, 2.4 times the 2012 level; retail sales have expanded at an average annual rate of 7.1% since the 18th CPC National Congress.