Ministry of Foreign Affairs: The booming Chinese consumer market reflects the increasing confidence of all sectors in China's economic development

Foreign Ministry spokesperson Guo Jiakun stated on the 13th that the booming Chinese consumer market not only reflects a rebound in demand, but also an increase in confidence in China's economic development from all sectors. China will inject stronger confidence and momentum into global economic growth through its high-quality development and high-level opening up to the outside world.

At the regular press conference that day, a reporter asked: Recently, several financial institutions around the world have released their 2025 economic outlook reports, which believe that China's high-quality development is gradually showing results, and the proportion of consumption and service industries is expected to further increase. During the just passed Spring Festival holiday, the daily sales revenue of China's consumer related industries increased by 10.8% year-on-year, with commodity consumption and service consumption growing by 9.9% and 12.3% respectively, and overall cross-border travel orders increasing by 30% year-on-year. Citigroup stated in a report that 'China has had a good start to the Year of the Snake'. May I ask if the spokesperson has any comments? At the regular press conference that day, a reporter asked: Recently, several financial institutions around the world have released their 2025 economic outlook reports, which believe that China's high-quality development is gradually showing results, and the proportion of consumption and service industries is expected to further increase. During the just passed Spring Festival holiday, the daily sales revenue of China's consumer related industries increased by 10.8% year-on-year, with commodity consumption and service consumption growing by 9.9% and 12.3% respectively, and overall cross-border travel orders increasing by 30% year-on-year. Citigroup stated in a report that 'China has had a good start to the Year of the Snake'. May I ask if the spokesperson has any comments?

Guo Jiakun stated that the booming Chinese consumer market not only reflects the rebound in demand, but also the increase in confidence in China's economic development from all walks of life, reflecting the continuous optimization of China's economic structure, significant enhancement of endogenous driving force, and increasing development resilience. With the effective implementation of a package of incremental policies, China will inject stronger confidence and momentum into global economic growth through its high-quality development and high-level opening up to the outside world.

Resource: 金台资讯