China issues first five-year consumption plan: motorhomes, income, holidays to change
China's State Council approved the first-ever five-year special plan for consumption, covering 2026–2030. The 28-point document addresses housing, veh...
China's State Council approved the first-ever five-year special plan for consumption, covering 2026–2030. The 28-point document addresses housing, vehicles, income and holidays. Key measures include legalising vehicle modifications, building motorhome camping sites, expanding housing provident fund use, and enforcing paid annual leave. The goal is to raise total retail sales to 60 trillion yuan by 2030.