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SOURCE / ECONOMY By Global Times Published: Dec 30, 2020 04:43 PM
Customers select goods at the China Western Consumption Poverty Alleviation Center in Chongqing, southwest China, Oct. 31, 2020. The center, covering an area of 15,000 square meters, consists of 11 pavilions for China s western provinces and autonomous regions, and 33 pavilions for Chongqing s districts and counties. (Xinhua/Wang Quanchao)
China s domestic trade has achieved the goals set for the 13th Five-Year Plan period (2016-2020) with the consumption becoming the engine of economic growth for six consecutive years, data from Ministry of Commerce (MOFCOM) showed.
The goods distribution industry has become one of the most important of sources of China s GDP, tax revenue and employment, said Zhou Qiang, director of the market development department of the Ministry of Commerce on Tuesday.