China’s top leadership pledges to curb aggressive price competition among businesses, aiming to accelerate efforts toward a unified national market to help boost domestic demand https://t.co/pxvXX3ar0D ...

《意见》强调，要聚焦消费重点领域加大金融支持，结合消费场景和特点创新金融产品，持续推 动消费领域金融服务提质增效。优化消费支付服务，健全消费领域信用体系建设，加强金融消费 权益保护。下一步，中国人民银行将会同有关部门加快推动《意见》各项政策实施落地，强化跟 踪监测，指导金融机构持续加大消费领域金融支持力度，为更好发挥消费对经济发展的基础性作 用提供有力金融支撑。 内需是经济发展的基本动力。习近平总书记指出，要加快补上内需特别是消费短板，使内需成为 拉动经济增长的主动力和稳定锚。 2025 年《政府工作报告》将"大力提振消费、提高投资效益， 全方位扩大国内 封 面专题：大力提振消费 全方位扩大国内需求 需求"列为今年首要任务。 2025 年 3 月 16 日，中办、国办印发《提振消费专项行动方案》，从 提升消费能力、增加优质供给、改善消费环境等方面提出了提振消费的顶层政策框架。党中央、 国务院的各项政策体现了进一步凝聚共识、拓宽思路，把经济政策着力点更多转向促消费具有重 要意义。 为贯彻落实党中央、国务院决策部署，完善扩大消费长效机制，更好满足消费领域金融服务需 求，近日中国人民银行、国家发展改革委、财政部、商 ...

16 June 2025 | 1:21PM HKT China: Strong retail sales, softer industrial production and investment in May Bottom line: China's May industrial production (IP) and fixed asset investment (FAI) missed market consensus modestly, while retail sales beat meaningfully. IP growth moderated in May on the back of slowing export growth due to increased US tariffs, led by slower output growth in electrical machinery and chemical manufacturing industries. FAI growth declined further, weighed on mainly by slower infrastru ...

Chinese e-commerce giants Alibaba Group Holding Ltd. BABA and PDD Holdings, Inc. PDD saw their shares rise on Monday after China reported a stronger-than-expected jump in retail sales. The Details: China's National Bureau of Statistics announced that retail sales of consumer goods surged 6.4% year-on-year in May, reaching 4.13 trillion yuan (about $575.3 billion) and signaling renewed consumer momentum in the world's second-largest economy.Read Next: Nvidia’s Jensen Huang Sparks Quantum Stock FrenzyChina's ...

Deutsche Bank Research Asia China Economics China tracker Domestic demand in focus Given the 90-day tariff truce between the US and China, market attention is expected to turn towards domestic factors, though export performance remains closely monitored. Therefore, we have incorporated a new collection of high- frequency indicators to track property market trends and government expenditure. Three key takeaways: Date 26 May 2025 Deutsche Bank AG/Hong Kong IMPORTANT RESEARCH DISCLOSURES AND ANALYST CERTIFICAT ...

EQUITY RESEARCH | May 8, 2025 | 6:45AM CS T PROPERTY MANAGEMENT BUILDING PRODUCTS HOME FURNISHING & APPLIANCES CONSTRUCTION MATERIALS AGENCY DEVELOPERS China Shifting to domestic demand story; highlighting Buy ideas in property value chain We turn more constructive on property value chain stocks as we see potential policy support for domestic demand as a multi-year effort to mitigate external uncertainties. We view the selected 7 stocks in 5 sectors (developer: CRL, building materials: Yuhong/BNBM/Kinlong, ...