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China to expand trade in next five-year plan, minister says

ReutersJul 18, 2025 2:48 AM

- China's trade has strong resilience and momentum, and the country will expand imports as well as grow exports in its next five-year plan, Commerce Minister Wang Wentao said on Friday.

Wang, speaking at a press conference, also said China will introduce policies to further stimulate consumption, and that retail sales this year are expected to top 50 trillion yuan ($6.96 trillion).

($1 = 7.1811 Chinese yuan renminbi)

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