Can policy support offset weaker consumer confidence?

Question

## Policy Measures Aim to Bolster Retail Market Amidst Subdued Consumer Confidence

Accepted Answer

Policy stimulus has marginally improved the consumption environment in the first half of 2025, leading to a recovery in consumer confidence and an acceleration in the growth of total retail sales of consumer goods. A series of supportive policies continue to stimulate consumption, driving steady growth in the Chinese consumer market. While ongoing government measures are expected to support steady momentum, the extent to which these policies can fully offset weaker consumer confidence remains a subject of analysis.

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Can policy support offset weaker consumer confidence?

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