China aims to lift total retail sales of consumer goods to around 60 trillion yuan ($8.3 trillion) by 2030 and foster 10-trillion-yuan markets in green, smart and health-related consumption, the Ministry of Commerce said on Monday.
An American arriving at Shenzhen Bao'an International Airport in Guangdong province can buy a coffee with PayPal. A South Korean shopping for electronics in Huaqiangbei, a sprawling electronics hub, can pay with Hana Pay. A Vietnamese visitor dining in Shekou can settle the bill with ZaloPay.
China has expanded the scope for withdrawing and using housing provident funds, a move expected to help unlock housing-related consumption and make the system more accessible to a broader range of workers.
China has unveiled a package of measures to unlock the potential of lower-tier, smaller-scale urban markets, with a particular focus on county-level spending, as counties emerge as an increasingly important driver of consumption growth, officials and experts said.
China has unveiled a package of measures aimed at tapping the consumption potential of lower-tier markets, with a focus on spurring spending in counties, the Ministry of Commerce said on Tuesday.
More than 180,000 overseas visitors to Northwest China's Xinjiang Uygur Autonomous Region used mobile payment services in the first half of 2026, up 45 percent year-on-year, local authorities announced Tuesday.
China has unveiled its first-ever national-level five-year plan specifically dedicated to expanding consumption, setting a target of 60 trillion yuan ($8.3 trillion) in total retail sales of consumer goods by 2030 as a major part of the push to rebalance the economy toward domestic demand-driven growth.
China's latest departure tax refund measures will allow overseas visitors to obtain instant refunds across more regions and give them up to 28 days to leave the country, making multi-city trips easier and encouraging longer stays and greater spending.
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