China's consumption in 2023 contributes 82.5% to GDP growth, with momentum from record-high sales to last in 2024 : vimarsana.com

China's consumption in 2023 played a vital role in bolstering economic development. Final consumption contributed 82.5 percent of overall GDP growth, while retail sales set a new record of 47.15 trillion yuan ($6.62 trillion), data from the National Bureau of Statistics (NBS) showed on Wednesday.

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