China's National Development and Reform Commission and other departments issued guidance to strengthen consumption infrastructure and promote positive interaction between consumption and investment. The plan targets urban and rural commodity trading markets, calling for upgrades to agricultural wholesale markets, farmers' markets, rural markets and township commercial centers and improvements to stalls, drainage, power, lighting and waste handling. It mandates modernization of industrial consume

2026-10-30

China's National Development and Reform Commission and other departments issued guidance to strengthen consumption infrastructure and promote positive interaction between consumption and investment. The plan targets urban and rural commodity trading markets, calling for upgrades to agricultural wholesale markets, farmers' markets, rural markets and township commercial centers and improvements to stalls, drainage, power, lighting and waste handling. It mandates modernization of industrial consumer-goods markets—daily goods, food, clothing, home appliances and automobiles—by enhancing warehousing, sorting, packaging and fire-safety facilities. The guidance also pushes smart, digital upgrades including electronic settlement, intelligent weighing, frictionless payment and traceability to build integrated online-offline markets combining wholesale and retail with streamlined services.