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Highlights of news conference of the Ministry of Commerce

Updated: Mar 9, 2019 chinadaily.com.cn Print
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The Ministry of Commerce holds a news conference in Beijing on March 9, 2019. [Photo by Feng Yongbin/chinadaily.com.cn]

Zhong Shan, Minister of Commerce; Wang Shouwen, Vice-Minister of Commerce and Deputy China International Trade Representative, and Vice-Minister of Commerce Qian Keming, answered questions on China's domestic market and all-round opening-up at a press conference during the second session of the 13th National People's Congress on March 9, 2019.

Here are the highlights:

Social consumption increases 9% to 38t yuan last year

China's total social consumption in 2018 reached 38.1 trillion yuan, up 9 percent year-on-year, Minister of Commerce Zhong Shan said on Saturday during a media conference.

Consumption contributed 76.2 percent of last year's economic growth, Zhong said.

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