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 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,…

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…