Policymakers set US$8.85 trillion retail goal for 2030, betting on services, property and cars to anchor growth amid weak demand.

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…

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,…

Beijing’s new consumption plan prioritizes services, durable goods and stronger household income as weak demand weighs on growth

Hainan to become first Chinese province to ban combustion engine vehicle sales,

Update: China elevates consumption to strategic priority with first dedicated five-year plan-

Policymakers set US$8.85 trillion retail goal for 2030, betting on services, property and cars to anchor growth amid weak demand.

China has set a goal of raising total retail sales of consumer goods to around 60 trillion yuan ($8.8 trillion) by 2030 and further strengthening consumption's role in driving…

China on Monday released its first five-year plan dedicated exclusively to expanding consumption, marking a significant upgrade in the top-level design for buoying domestic…