On January 19, the National Bureau of Statistics released data showing that in 2025, China’s total retail sales of consumer goods reached 50,120.2 billion yuan, an increase of 3.7% over the previous year; China’s online retail sales reached 15,972.2 billion yuan, an increase of 8.6% over the previous year. The photo shows customers selecting mobile phones in a store on Nanjing Road Pedestrian Street on December 31, 2025.
Nanjing Road Pedestrian Street
Nanjing Road Pedestrian Street is a historic and bustling commercial thoroughfare in Shanghai, originally developed in the 19th century as a major retail hub during the city’s concession era. Today, it is a vibrant, vehicle-free shopping district stretching over 5 kilometers, renowned for its modern department stores, luxury brands, and iconic neon-lit atmosphere that blends Shanghai’s colonial past with its contemporary global identity.