1、What the experts sayJanuary 2023Ten Highlights of Chinas Commercial Sector 202301Preface02About the Organizations03Expert Panel Members04Implications for Businesses and Tips for Foreign Enterprises08Ten Highlights for 2023Contents1PrefaceFung Business Intelligence and the Expert Committee of the Chi

2、na General Chamber of Commerce are pleased to present the 20th edition of our annual Ten Highlights of Chinas Commercial Sector report.2022 has proven to be a tough and challenging year for many Chinese enterprises.The volatile COVID-19 pandemic and the associated mobility restrictions have weighed

3、on consumer sentiment and dragged down consumer spending.In response,the Chinese government has launched a raft of supporting policies and relief measures,including measures encouraging spending on new-energy vehicles as well as green and smart home appliances to boost domestic consumption,and finan

4、cial support for businesses.As these stimulus measures gradually take effect,together with the relaxation of COVID-19 restrictions,China is set for a robust economic recovery in the months to come.The Central Economic Work Conference held in mid-December 2022 also signals that China will step up pol

5、icy support to boost consumption and economic growth in 2023.2022 also marked the holding of the 20th National Congress of the Communist Party of China the most important political event in China held every five years,during which Chinese President Xi Jinping has set forth a long-term strategic blue

6、print for high-quality development.More efforts will be directed towards modernization of the circulation network in support of the construction of a unified national market.Plans to advance rural revitalization will also help increase farmers income,providing new impetus for consumption growth.With