Insight ReportChina’s 2023 National People’s Congress: What Retailers Need To Know Charlotte Rothschild, Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research March 22, 2023 Reasons to ReadWe analyze the retail implications of this year’s National People’s Congress, China’s annual legislative meeting, which took place March 5–13, 2023 in Beijing. Data in this report include: Year-over-year growth for China’s GDP from 2013 through 2023 (estimated) Specific economic targets announced during the 2023 National People’s Congress The value of China’s digital economy and its share of the country’s GDP in 2021 Companies mentioned in this report include: Alibaba, JD.com, Pinduoduo, Tencent and Xiaohongshu Other relevant research: Market Outlook: US and China E-Commerce—Growth To Slow Post Pandemic Inflection Points in the Global Economy in 2023 Temu, the New E-Commerce Marketplace Taking the US by Storm—What Do Consumers Actually Think? Read the Coresight Research China Consumer Tracker series Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Four Technologies Retailers Can Use to Enchant Consumers: Insights Presented at CES 2025Shoptalk Fall 2025 Day Two: Scaling Pilots, Pivoting with Intelligence and Building Next-Gen Customer ExperiencesAnalyst Corner: US Consumers’ Plans for the Memorial Day, Mother’s and Father’s Day, and the Holiday Season, with Aditya KaushikConsumer Sentiment Climbs from July Trough, as Tariff Truce Extended: China Consumer Survey Insights
