戴德梁行：2025年大中华区零售物业供应&需求核心趋势报告（英文版）

According to the 2025 Report on the Work of the Government, "vigorouslyboosting consumption and investment returns and stimulating domestic demandacross the board" was ranked as the top priority for economic policy this year,underscoring the central role of consumer spending in driving recovery. TheChinese mainland's total retail sales of consumer goods reached RMB24.5 trillionin the first half of 2025, up 5.0% year-on-year. The growth rate expanded by 1.3percentage points compa