The leader of the Department of Consumption Promotion at the Ministry of Commerce stated that in July 2026, emerging consumption trends in China's consumer market experienced robust growth. This was largely propelled by policies encouraging the replacement of old consumer goods with new ones, which significantly boosted green and intelligent consumption. During that month, the retail market penetration rate of new energy passenger vehicles soared to a record 65.1%. On major e-commerce platforms, sales of embodied intelligent robots, exoskeleton assistive devices, action cameras, and robotic vacuum cleaners surged by 95.1%, 39.5%, 24.7%, and 19.4%, respectively.
