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China's maternal and infant market is expected to see steady growth over the next decade, with online buying playing a vital role in bolstering consumption, due to rising demand from young parents pursuing high-quality lifestyles amid the consumption upgrade.
China's outbound tourism boom is expected to remain the biggest force in the global travel market over the next decade, with Chinese tourist spending anticipated to reach 5.4 billion in 2025 from 7 billion in 2015, according to global economic think-tank Oxford Economics.
China's efforts to limit risks in the financial sector gathered pace in the first quarter, with major progress made in improvements of asset quality and slowing down risky shadow banking, analysts at Moody's Investors Service said on Thursday.
China's economy will continue to grow steadily amid restructuring, with consumption making more contributions to GDP. As the central government is dedicated to further open up the markets, the impact of trade frictions on the larger economy will likely be subdued. So, the A-share market is likely to pick up, MSHF analysts argued in their note.
China's fast-moving consumer goods (FMCG) consumption remains robust against downward economic pressure, while transformation in retail models is picking up pace, according to the latest China Shopper Report from global management consulting firm Bain & Company and shopper behavior observer Kantar Worldpanel.