NDRC: China's Total Retail Sales of Consumer Goods Expected to Reach About 60 Trillion Yuan by End of 15th Five-Year Plan

The National Development and Reform Commission held a press conference in its "Striving for the 15th Five-Year Plan" series to introduce efforts to consolidate development support. Kou Rong, deputy director of the Department of Economic Affairs and Trade at the NDRC, said that by the end of the 15th Five-Year Plan, the overall scale of China's circulation industry is expected to keep expanding, with total retail sales of consumer goods reaching about 60 trillion yuan, and the circulation network will become more robust. The 102 modern circulation strategic pivot cities will further strengthen their radiating and driving capacity. Six national-level key commodity circulation corridors will be put in place, and the modern circulation system will become more complete, better serving the building of Chinese-style modernization. (Securities Times)