China’s consumer goods market is expected to grow steadily in 2025, with GDP and retail sales rising by 4.5 and 5.0 per cent.
Department stores are prioritising transformation, AI, and immersive shopping to stay competitive.
The report urges government support, including subsidies and consumption vouchers, to modernise retail and drive domestic consumption.
Department stores are prioritising transformation, AI, and immersive shopping to stay competitive.
The report urges government support, including subsidies and consumption vouchers, to modernise retail and drive domestic consumption.