BIZCHINA / Biz Media Digest
Trade: Retail sales to grow 11% annually
(Xinhua)
Updated: 2006-10-13 10:31
Chinese economic officials have set a target of at least 11 percent
annual growth for retail sales from 2006 to 2010.
The growth rate of capital goods sales value will average at least 11
percent annually in the coming five years, according to the first
Ministry of Commerce five-year plan for commerce.
Under the plan, China will endeavor to balance trade with imports and
exports set to reach 2.3 trillion U.S. dollars by 2010, with an annual
growth of about 10 percent.
The target aggregated overseas direct investment until 2010 will amount
to 6 billion dollars with more Chinese companies exploring opportunities
abroad.
(For more biz stories, please visit Industry Updates)
Alibaba is the largest B2B marketplace in the world. Source model ship,
wooden puzzle, one-piece toilet, RC hovercraft, photo album, prom dress,
pocket bike, Vaginal Speculum, Samurai Sword, String Panty and PVC Pipe.
Chinesepod
