China
2026.03.03 11:39 GMT+8

Emotional economy fueling China's next consumption wave

Updated 2026.03.03 11:39 GMT+8
CGTN

As the 2026 Two Sessions draw near, Chinese policymakers are actively exploring innovative approaches to stimulate domestic consumption and enhance the well-being and happiness of the people. One emerging trend is what has been dubbed the emotional economy, where people buy not just for necessity, but for joy, personal connection and a sense of self. 

CGTN reporter Yu Hongyu reports on how this shift is aligning with the nation's development goals.

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