China has strengthened its status as the world's second largest consumer market during the 14th Five-Year Plan period (2021-2025). The country's retail sales of consumer goods grew 5.5% on average annually over the past four years, and are expected to top 50 trillion yuan (US$7 trillion) in 2025, Chinese Minister of Commerce Wang Wentao said Friday. #PressroomHighlights #ChinaEconomy
July 18, 2025
2025-07-18