《2025年上半年中国零售地产与消费市场年度研究报告》(英)
China Retail Property Market Despite a June slowdown in catering (growth receding to 0.9% YoY, a post-2023 recovery low), China’s consumer macro data showed broad stability in H1 2025, with total retail sales reaching CNY 24.5 trillion (+5.0% YoY, accelerating 0.4 ppts from Q1).