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China launches plan to boost domestic consumption, targeting key sectors and AI-driven growth by 2030.
China has launched a new action plan to boost domestic consumption, targeting a more balanced supply structure by 2027 with three trillion-yuan sectors and ten 100-billion-yuan hotspots.
The initiative, led by the Ministry of Industry and Information Technology and five other departments, aims to increase consumption’s role in economic growth by 2030 through AI integration, green and rural product expansion, new consumption models, and tailored goods for children, seniors, and niche markets like pets and toys.
Government coordination with local authorities and industry groups will drive implementation.
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China lanza un plan para impulsar el consumo doméstico, apuntando a sectores clave y al crecimiento impulsado por la IA para 2030.