New Delhi, Dec. 30 -- China is increasingly turning to domestic consumption as a key stabilising force for growth amid persistent global trade tensions, according to a recent Barclays outlook report, which highlights policy recalibration towards internal demand as external headwinds intensify.

The report notes that escalating trade frictions and weakening global demand have reinforced Beijing's focus on consumption-led growth, observing that policymakers are placing greater emphasis on boosting domestic demand to offset the drag from exports. This shift, it says, reflects concerns that external uncertainties are likely to remain elevated, limiting the contribution of trade to overall economic momentum.

Barclays underlines that consumpti...