Fung Business Intelligence released the Ten Highlights of China’s Commercial Sector 2024 and presented it to the media on 26 January 2024.

According to the report, in 2023, China’s commercial sector witnessed a recovery driven by a resurgence in domestic consumption and supportive government measures. The year marked the first after the relaxation of COVID-19 pandemic control measures and was characterized by shifting purchasing habits, accelerated digital transformation, and initiatives aimed at bridging the urban-rural divide. These factors have created a thriving and innovative business environment, providing ample opportunities for companies to flourish in a dynamic market.

With input from more than 160 top-tier mainland experts, the Ten Highlights of China’s Commercial Sector once again identifies top trends of the past twelve months and anticipates what will shape China’s commercial landscape in the year ahead.

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From left to right: Mr. Chang Ka Mun, Senior Advisor, Fung Business Intelligence; Ms. Helen Chin, Vice President, Fung Business Intelligence;  Ms. Wendy Weng, Senior Research Manager, Fung Business Intelligence