China aims for retail sales of around 60 trillion yuan by 2030

China is aiming for retail sales to total around 60 trillion yuan (HK$69.41 trillion) by 2030, the government said in its 15th five-year plan for expanding consumption.

The plan, released on Monday, vowed to boost services consumption, including those related to elderly care and childcare.

It also pledged to develop tourism consumption, expand the visa-free scheme to include more countries and increase the number of direct flights to Europe, the US and Belt and Road countries.

Reuters

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗧𝗵𝗲 𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱 𝗔𝗽𝗽 ↓