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China will further boost its consumption
upgrade and maintain a stable market in 2021, according to the Ministry
of Commerce (MOC). The MOC
called for a consumption upgrade in both urban and rural areas, the
transformation of more cities into international consumption centers,
and enhanced e-commerce development in rural areas. The
ministry said the consumption of goods and services, including
automobiles, home appliances, imported goods and catering, should be
promoted. The country will promote
the integration of traditional and new consumption, and will create a
sound environment for consumption, the MOC said. With
the implementation of its consumption upgrade plan this year, China's
consumption market has seen sustained recovery and provided strong
support for the domestic market and people's livelihoods.
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