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China’s MOFCOM targets around CNY 60tln in total retail sales of consumer goods by 2030

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China's MOFCOM set a 2030 target of around CNY 60 trillion in retail sales, fostering CNY 10 trillion-scale emerging segments while supporting core consumer goods.

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The plan seeks CNY 10tln-level markets in green, smart and health consumption while sustaining growth in autos, home appliances, communications equipment and textiles/apparel.

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