Business Brief (Sept. 1): China Targets 60 Trillion Yuan in Retail Sales for 2030

Published: Sep. 1, 2026 5:23 p.m. GMT+8

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China targets 60 trillion yuan in retail sales for 2030

Seven government departments, including the Ministry of Commerce, jointly issued a document outlining 20 specific measures to expand goods consumption during the 15th Five-Year Plan period from 2026 to 2030.

The document set a goal for total retail sales of consumer goods to reach about 60 trillion yuan ($9 trillion) in 2030.

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China’s seven ministries issued 20 measures targeting ~60 trillion yuan ($9 trillion) retail sales of consumer goods by 2030.
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