AI Data Insight

China's wholesale and retail commodity sales in Q4 2025 reached 1,401,417.5 hundred million RMB, a steady increase of about 2.38% from the previous value of 1,368,893.4 hundred million RMB, marking a record high in scale. Although the ongoing property market adjustment continues to suppress domestic demand, the overall consumer market still demonstrates downside support, driven by subsidy policies such as "trade-in" programs and online retail. Looking ahead, market focus will shift to whether the magnitude of fiscal stimulus in 2026 can further resolve deflationary risks and boost real incomes.

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