China's consumer market shows 'strong' recovery in January - commerce ministry

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BEIJING : China's consumer market recovery was 'strong' in January, the commerce ministry said on Thursday, in one of its first optimistic assessments of consumption, which until this year had been reined in by a weak economy and tough COVID-19 policies.Reviving consumer demand quickly is critical for an

BEIJING : China's consumer market recovery was"strong" in January, the commerce ministry said on Thursday, in one of its first optimistic assessments of consumption, which until this year had been reined in by a weak economy and tough COVID-19 policies.

China's 3 per cent economic growth rate last year was one of its weakest rates in nearly half a century,hurt by harsh COVID-19 curbs that were abruptly lifted in December.

 

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