China's moves to accelerate innovation in the retail sector are expected to create new sources of consumer demand, inject fresh momentum into the industry and strengthen consumption-driven growth, government officials said on Thursday.

Update: China aims to boost consumption, jobs via retail sector plan-

Chinese authorities have issued a guideline to accelerate the innovative development of the retail industry, aiming to establish a modern retail system and cultivate a number of…

China's moves to accelerate innovation in the retail sector are expected to create new sources of consumer demand, inject fresh momentum into the industry and strengthen…