Financial Markets
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks

 Search News  Or
China's retail sales expected to hit RMB 32 trln in 2015

Jan. 6, 2012 (China Knowledge) - China, which has the world's largest population, expected its retail sales to increase to RMB 32 trillion in 2015, said the Ministry of Commerce (MOC) in a statement published on its website.

The ministry said that the country's retail sales may grow 15% annually during the period from 2011 to 2015. The government will encourage the development of E-commerce, which is aimed to realize a 30% annual growth during the period.

The sales of means of production are expected to increase 16% each year in the five-year period and to reach RMB 76 trillion in 2015, said the MOC.

The country's foreign trade of goods is estimated to rise 10% annually and to hit US$4.8 trillion in 2015, and its service trade to grow 11% annually and to reach US$600 billion in 2015.

The ministry added that China's annual utilized foreign direct investment (FDI) will be about US$120 billion during the period and its overseas direct investment (ODI) will grow 17% per year, totaling to US$560 billion in the five years.

Add this     
Copyright © "2015"

Send feedback or comments to:

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services


 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved