Economy

China may be biggest consumer market by 2015

By Qi Xiao (chinadaily.com.cn)
Updated: 2010-02-25 15:13
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China is likely to become the biggest consumer market by the end of its "Twelfth Five-Year Plan" period, Yao Jian, spokesperson for the Ministry of Commerce said today, china.com.cn reported.

The "Twelfth Five-Year Plan", China's plan for economic and social development, starts in 2011 and ends in 2015.

The country has become the fifth-largest market for consumer spending last year.