China’s consumption restoration continues regardless of development slows, stats bureau says

BEIJING (Reuters) – The pattern of China’s consumption restoration has not modified regardless of year-on-year retail gross sales development in November having slowed from October, China statistics bureau spokesperson Fu Linghui mentioned at a media briefing in Beijing on Monday.

The mix of insurance policies launched and new insurance policies will acquire extra traction and kick in, however the exterior scenario has grow to be extra complicated and extreme, Fu mentioned, including China will implement extra insurance policies to increase home demand.