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China Targets 60 Trillion Yuan in Retail Sales by 2030
Beijing’s new consumption plan prioritizes services, durable goods and stronger household income as weak demand weighs on growth
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global.chinadaily.com.cn
Blueprint to boost consumption unveiled
China has unveiled its first five-year blueprint dedicated to boosting consumption, signaling a strategic shift toward making household spending a stronger engine of economic…
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State Council approves China's first dedicated 5-year plan to boost consumption
China's retail sales of consumer goods are expected to reach around 60 trillion yuan ($8.85 trillion) by 2030, with consumption playing a stronger role in driving economic growth,…
