China’s Minister of Commerce Wang Wentao speaking in a briefing:

  • China’s consumer market remains the second largest globally, with retail sales growing 5.5% annually over the past four years
  • China’s 2025 retail sales expected to exceed 50 trillion yuan
  • China’s foreign investment grows at an annual rate of over 5%, ranking among the top three globally
  • The greater the challenges are, the more clearly we can see China’s institutional advantages
  • China’s foreign trade shows resilience amid pressure, retains top global position in goods trade, with export and import market shares steady at over 14% and 10% respectively
  • Foreign investment exceeds $700 billion since the 14th five-year plan, ahead of target
china shop 17 January 2024
Source: Forex Live