Consumption in China has changed substantially over the past 70 years, since the country was founded in 1949. Having become a driving force in China's economic development, consumption is set to remain a major supporting pillar as the nation pursues high-quality development and meets people's demands to pursue a better life. The vigorous domestic consumption market has also continuously attracted foreign enterprises. Global Times reporters recently conducted exclusive interviews with representatives from foreign-invested firms in the retail sector, sharing their insights into China's consumption changes.

With China's economic development taking great strides over the 70 years since 1949, Chinese people's pockets have been filled with more money to spend. Demand is no longer for physical products alone, but is now also for various services including catering, tourism and culture.

From the founding of the PRC until 1978, there was a very limited choice for food. During that time, Chinese people were focused on getting enough food to survive, Niu told the Global Times in a recent, exclusive interview."Now Chinese consumers care more about food quality and taste, and look for healthy food; whether it can help maintain a slim body and healthy look," said Niu. 

Best wishes from HOMESUN Soft Close for China's 70th Anniversaries and let all of us make China's future better and better.