AI Data Insight

According to the latest data, China's total household consumption in the fourth quarter of 2025 reached RMB 63,202.86 billion, expanding steadily by approximately 4.86% compared to the end of 2023. Although consumption acted as a ballast stone for the economy throughout last year, the latest external high-frequency indicators show that, constrained by the property market slump and diminishing policy effectiveness, the current economy is exhibiting structural concerns of "hot external demand, cold domestic demand."

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