USEUROPEAFRICAASIA 中文双语Français
Home / Business

Consumption to account for bigger share of nation's economy this year

By Jing Shuiyu | China Daily | Updated: 2019-01-04 07:39

The nation will roll out measures in 2019 to boost retail sales of consumer goods, as consumption is predicted to play a greater role in the economy.

The country's consumption has continued its rapid ascent, and would remain the main driver of economic growth, the Ministry of Commerce said. It estimated that the country's retail sales would climb 9 percent year-on-year in 2019, contributing some 65 percent to overall economic expansion.

Wang Bin, deputy director-general of the ministry's department of market operation and consumption promotion, said the ministry will take a series of steps to boost the consumption upgrade both in cities and the countryside, offer more services and integrate online and offline channels.

Consumption to account for bigger share of nation's economy this year

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US