[Outlook-in-Five] The Chinese consumer

Speaker: Chu Peng, Equity Research Analyst, Bank of SingaporeLast year, Chinese consumer stocks faced challenges from a slow economy, job market uncertainties, and a declining yuan. However, recent signs of improvement include better market sentiment, stabilising demand, and supportive policies.In March, the government announced that it is actively promoting domestic consumption through a 30-point plan focused on job creation, wage growth, and welfare programmes. While specific subsidy figures are not yet available, the commitment to reviving consumption is evident.For more market insights, go to ⁠⁠Bank of Singapore Insights⁠⁠ to check out our Chief Investment Office's research publications.