StanChart Economist Sees Great Potential in Chinese Mainland’s Consumer Market
Standard Chartered’s Ding Shuang spots big potential in the Chinese mainland’s consumer market after the Dec 10-11 Central Economic Work Conference set 2026 priorities.
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China’s 14th Five-Year Plan Powers a Consumption Surge 🚀
Under the 14th Five-Year Plan, retail sales on the Chinese mainland hit $6.78 trillion in 2024. Consumption now drives 60% of GDP with services and NEVs leading the way.