China's Consumption Recovery

BEIJING (Reuters) – The trend of China's consumption recovery remains intact, despite year-on-year retail sales growth in November slowing compared to October, according to Fu Linghui, a spokesperson for China’s statistics bureau, during a media briefing in Beijing on Monday.

Fu noted that the combination of existing and new policies will gain momentum, though the external situation has become more complex and severe. He added that China is looking to implement additional policies aimed at expanding domestic demand.