Minister of Commerce: During the “14th Five-Year Plan” period, China’s consumer market size—converted using purchasing power parity—will be the world’s No. 1.

2026-04-11 21:57:18

Minister of Commerce Wang Wentao said at the press conference on the economic theme of the Fourth Session of the 14th National People’s Congress on March 6, “During the 14th Five-Year Plan period, our country’s consumer market size remains the second largest in the world, and when converted at purchasing power parity, it is already the largest in the world. There are some new trend changes in residents’ consumption structure.” (Xinhua News Agency)

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