China's State Council approved the 'Expand Consumption 15th Five-Year Plan', prioritizing effective investment in consumption-related infrastructure. The plan accelerates digital infrastructure — 5G, gigabit fiber, mobile IoT — and directs construction of a nationwide integrated computing power network, alongside a 'signal upgrade' special action. It backs offline consumption upgrades: urban commercial precinct improvements, renovation of old commercial streets, equipment renewal for physical re

2026-07-13

China's State Council approved the 'Expand Consumption 15th Five-Year Plan', prioritizing effective investment in consumption-related infrastructure. The plan accelerates digital infrastructure — 5G, gigabit fiber, mobile IoT — and directs construction of a nationwide integrated computing power network, alongside a 'signal upgrade' special action. It backs offline consumption upgrades: urban commercial precinct improvements, renovation of old commercial streets, equipment renewal for physical retailers, and pilots of modern trade and circulation systems. Logistics and supply-chain measures include development of national logistics hubs and backbone cold‑chain bases and establishment of a county‑town‑village three‑tier distribution system. Other targeted upgrades: public parking, EV charging, highway service areas, and renovation/revitalization of tourist and cultural facilities.