China Unveils First Five-Year Plan to Boost Consumption
China's State Council approves the 15th Five-Year Plan for Expanding Consumption, targeting 60 trillion yuan in retail sales by 2030.
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China's State Council approves the 15th Five-Year Plan for Expanding Consumption, targeting 60 trillion yuan in retail sales by 2030.
Premier Li Qiang chaired a high-level economic symposium with experts and entrepreneurs, signaling targeted stimulus for consumption and technology.
China launches Summer Tourism Season, distributing over 450 million yuan in vouchers across 30,000 events to boost domestic travel.
China's departure tax refund 2.0 policy takes effect July 1, with random sampling and paperless processing to boost inbound tourism and spending.
Chinese cities blend industrial heritage, performing arts, and immersive experiences to create new urban consumption scenarios and drive economic growth.
China revises service industry fund through 2028, prioritizing new consumption growth and AI adoption in consumer sectors with ~6.9 billion yuan allocated.
China issues first urban renewal five-year plan as logistics surge, trade-in policies boost consumption, and economists debate export rebate cuts.