China Moves to Expand and Upgrade Goods Consumption

On August 31, 2026, the Ministry of Commerce, together with the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Finance, the Ministry of Agriculture and Rural Affairs, the Ministry of Culture and Tourism, and the State Administration for Market Regulation — seven departments in total — officially issued the Implementation Opinions on Expanding and Upgrading Goods Consumption (hereinafter referred to as the Implementation Opinions). Aimed at implementing the decisions and deployments of the CPC Central Committee and the State Council, the document seeks to steadily expand the scale of goods consumption and optimize its structure during the 15th Five-Year Plan period, providing strong support for building a robust domestic market.