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Consumers shop for mobile phones at a mall in Lianyungang, Jiangsu province, on Feb. 21, 2026. Photo: VCG
Retail and services sales rose during the Year of the Horse holiday as subsidies, trade-in incentives and extended festivities lifted consumer confidence
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Consumers shop for mobile phones at a mall in Lianyungang, Jiangsu province, on Feb. 21, 2026. Photo: VCG

China's nine-day Lunar New Year holiday showed consumers were eager to travel, while remaining price-conscious.

The government is injecting new funds into a scaled-back trade-in program as a multiyear push to revive domestic consumption…

The festival pointed to a pickup in consumption, as e-commerce companies reported strong sales of consumer electronics, as well…

The latest consumer data reinforce how consumption in China remains subdued.

Domestic trips and total tourism spending rose during the three-day Dragon Boat Festival holiday, though flat per-trip spending…

CPI growth forecast to slow on Lunar New Year timing as PPI deflation expected to ease