Spending of 1.4b consumers: China's new domestic demand engine

As global demand slowed and trade frictions intensified, China made it a priority to fully unleash the potential of its ultra-large domestic market. From Ne Zha 2 entering the global box office top 10, to booming trend-driven consumption and a surge in inbound shopping by foreign visitors, a clear shift is underway: domestic demand is becoming a more powerful growth engine. China's expanding market is evolving into a major center of global demand — and a stronger stabilizer for the world economy. As the most reliable driver of China's economy, the vast Chinese market will continue to make an important contribution to global economic growth.