China aims for retail sales of around $8.85 trillion by 2030

BEIJING – China is aiming for retail sales to total around 60 trillion yuan ($8.85 trillion) by 2030, the government said in its 15th five-year plan for expanding consumption.

Read more China aims for retail sales of around $8.85 trillion by 2030

The plan, released on Monday, vowed to boost services consumption, including those related to elderly care and childcare.

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It also pledged to develop tourism consumption, expand the visa-free scheme to include more countries and increase the number of direct flights to Europe, the United States and Belt and Road countries.

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($1 = 6.7803 Chinese yuan renminbi)

(Reporting by Beijing Newsroom;)

Copyright Reuters or USA Today Network via Reuters Connect.

This story was originally published July 13, 2026 at 2:33 AM.

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