MOFCOM and eight other ministries issued guidance on July 9 setting a 2030 target to establish a modern retail system characterized by rational spatial layout, higher-quality supply, diversified formats, smart and convenient channels, and orderly competition. The guidance prioritizes system planning, supply-side upgrading, demand stimulation and new growth drivers; it seeks to develop flagship retail scenarios, promote integrated innovative formats, cultivate internationally competitive retail e

2026-07-09

MOFCOM and eight other ministries issued guidance on July 9 setting a 2030 target to establish a modern retail system characterized by rational spatial layout, higher-quality supply, diversified formats, smart and convenient channels, and orderly competition. The guidance prioritizes system planning, supply-side upgrading, demand stimulation and new growth drivers; it seeks to develop flagship retail scenarios, promote integrated innovative formats, cultivate internationally competitive retail enterprises and support measures to strengthen, scale up and upgrade retail firms to guide retail-sector innovation and high‑quality development.