China commerce ministry expects retail sales to reach around 50 trln yuan by 2025 -Breaking
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© Reuters. FILEPHOTO: Customer looks at toothpaste at the Shanghai Supermarket, China. March 10, 2016, REUTERS/Aly SongBEIJING (Reuters), – China is expecting its retail sales of around 50 trillion yuan to grow by 2025. This was according to Friday’s statement from the Ministry of Commerce.
China will increase consumption’s impact on economic development over the next five year, said the Commerce MiniStry in a Notice outlining ITS Domestic Trade Plan for 2021-2025.
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