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Unboxing Two Sessions 2024: Promote Consumption


China's consumer spending surged in 2023, with total sales reaching 47.1 trillion yuan ($6.9 trillion). Notably, online shopping accounted for a staggering 15.2 trillion yuan ($2.2 trillion), solidifying China's position as the global leader in e-commerce for the 11th consecutive year.

These developments highlight the government's commitment to nurturing a thriving consumer market and offer valuable insights into potential future trends and business opportunities within China. Stay tuned for further updates during the annual Two Sessions, which will likely shed light on additional strategies and policies shaping the nation's economic landscape.

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