China has released its "15th Five-Year Plan for Expanding Consumption," aiming to significantly boost its consumer market by 2030. The plan targets a total retail sales of consumer goods reaching approximately 60 trillion yuan, with a focus on increasing the proportion of service consumption and expanding digital consumption. It also emphasizes improving consumer capacity through employment and social security, enhancing the quality and variety of goods and services, and creating a more favorable consumption environment with improved standards and infrastructure. AI
RANK_REASON Government policy document outlining economic targets. [lever_c_demoted from significant: ic=1 ai=0.1]
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