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China's house prices continued to stabilize despite slight increases in April, according to the National Bureau of Statistics. Sixty-seven out of the 70 major Chinese cities saw an increase in the number of newly built homes that were sold in April.
China's consumer price index, a main gauge of inflation rose 5.2 percent year-on-year in February, edging down from 5.4 percent in the previous month, National Bureau of Statistics data showed.
China's fight against IPR violations has made progress over the past year, with achievements including amendments to related laws and regulations and their implementation, and carrying out a number of special campaigns targeting violations such as the production and sale of counterfeit face masks.
China's massiveness and complexity mean that the term "Chinese consumer" is insufficient by default. If you are ever familiar with the "silo" system categorizing different Chinese cities, people's tastes and spending power may vary, from tier-one to tier-four, categorically.
China's consumption market witnessed steady recovery during the first six months of this year, with relatively new business formats such as online shopping spearheading the growth despite the COVID-19 epidemic and the services sector responding positively and creatively.
来源：资阳报