China’s Ministry of Commerce Unveils Eight Key Tasks for 2025 to Boost Consumption and Drive Development

The Ministry of Commerce has outlined eight strategic priorities for 2025 to stimulate domestic consumption, stabilize foreign trade, and enhance global economic cooperation, in line with the Central Economic Work Conference. These initiatives aim to foster high-quality economic growth while maintaining national security.

Key Tasks for 2025:
​Boost Consumer Spending

Expand the “consumer goods exchange program” to encourage upgrades.
Innovate shopping scenarios, expand service and digital consumption, and improve market infrastructure.
​Stabilize and Enhance Foreign Trade

Cultivate new trade drivers, expand cross-border e-commerce, and promote green trade.
Support enterprises in entering diversified international markets and increase imports.
​Attract and Retain Foreign Investment

Create a world-class business environment through unilateral and autonomous opening-up.
Strengthen the “Invest China” brand and optimize services for foreign enterprises.
​Align with Global Trade Rules

Enhance pilot free trade zones and upgrade international expos to meet high-standard global norms.
​Deepen International Industrial Cooperation

Reform foreign investment regulations and improve overseas service systems for Chinese businesses.
​Advance High-Quality Belt and Road Initiative (BRI)

Strengthen “Silk Road e-commerce” partnerships and balance traditional and emerging sector collaborations.
​Participate in Global Economic Governance

Engage in WTO reforms, expand high-standard free trade agreements, and deepen bilateral ties.
​Mitigate Major Risks

Safeguard national security and ensure stability in production safety and market supply.
Commerce Minister Wang Wentao emphasized the need to advance reform tasks and start planning for the “15th Five-Year Plan,” while addressing immediate concerns like safety and supply chain stability

Source: Xinhua News Agency