China's consumer goods expo rides wave of innovation, new consumption trends
The sixth China International Consumer Products Expo, concluding on Saturday, has led new consumption trends through innovation amid China's further opening-up efforts, according to the latest episode of the China Economic Roundtable, an all-media talk show hosted by Xinhua News Agency.
Macro
China explores new path to common prosperity
In south China's Guangdong Province, a bold experiment is underway to answer one of the country's most pressing questions: What is the best way to bridge the gap between wealth and poverty?
In-depth
Economic Watch: China's home-cleaning robot service grabs overseas attention
When customers book a house-cleaning service via an online service platform in south China's Shenzhen, they are greeted by a dual team: a professional cleaner and a robot. The cleaner handles complex and judgment-driven work, while the robot performs structured tasks such as wiping tables, picking up debris, tying up garbage bags, and even assisting the cleaner in folding bedsheets.
moreEconomic Watch: Why multinationals still see China as a long-term industrial bet
According to the outline of China's 15th Five-Year Plan (2026-2030) for national economic and social development, China will further expand opening up, especially in services, improve support and protection for foreign investors, and encourage foreign firms to establish regional headquarters, research centers and make further domestic reinvestment.
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Markets
China's retail sales post modest recovery in Q1
China's retail sales of consumer goods, a major indicator of the country's consumption strength, expanded 2.4 percent year on year in the first quarter of 2026.
More Chinese cities see rising home prices in March
A growing number of Chinese cities saw month-on-month increases in commercial housing prices in March, driven by more active transaction activity in the property market.
