China’s Electricity Consumption Rises by 6.8% in 2024, Reflecting Economic Growth
China’s electricity consumption, a critical measure of its economic activity, experienced a significant rise in 2024, showcasing the nation’s ongoing industrial and residential development. According to the National Energy Administration, total power consumption for the year reached an impressive 9.85 trillion kilowatt-hours (kWh), marking a 6.8% year-on-year growth. Sector-Wise Breakdown of Power Usage The growth […]
China’s Spring Festival Film Market Surges with Over 235 Million Yuan in Pre-Sales
China’s vibrant movie market is kicking off 2025 on a high note as advanced ticket bookings for the Spring Festival holiday season have already surpassed 235 million yuan (approximately 32.7 million U.S. dollars) by Monday afternoon. This impressive milestone highlights the renewed energy in the world’s second-largest film market. A Booming Start to the Spring […]
China’s Retail Sales Hit $6.79 Trillion in 2024, Up 3.5% YoY
China’s retail sales of consumer goods, a critical barometer of the nation’s consumption strength, achieved a robust 3.5% year-on-year growth in 2024, reaching an impressive ¥48.79 trillion ($6.79 trillion USD), according to official data from the National Bureau of Statistics (NBS). This growth reflects China’s resilience in consumer spending and its ability to adapt to […]
