China's retail sales of consumer goods grow 5.5 pct annually since 2021: minister-Xinhua

China's retail sales of consumer goods grow 5.5 pct annually since 2021: minister

Source: Xinhua

Editor: huaxia

2025-07-18 10:11:30

The State Council Information Office (SCIO) holds a press conference on China's achievements in high-quality commerce development during the 14th Five-Year Plan period (2021-2025) in Beijing, capital of China, July 18, 2025. (Xinhua/Jin Liangkuai)

BEIJING, July 18 (Xinhua) -- The retail sales of consumer goods in China grew 5.5 percent on average annually over the past four years, with the sales expected to top 50 trillion yuan (about 7 trillion U.S. dollars) in 2025, Chinese Minister of Commerce Wang Wentao said Friday.