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To speed up the development of Chinese domestic trade, enhance the important function of domestic trade in leading of production, consumption expansion, increase of employment opportunities, promotion of social and economic development and improvement of people's living standard, the Ministry of Commerce recently issued the Eleventh Five-year Development Planning for Domestic Trade, clearly putting forward the 11th five-year planning for development of domestic trade:
During the eleventh five-year planning, the actual increase rate of total retail sales of consumer goods will be about 11% per year, of total sales revenue of production material about 11% per year, of added value in retailing and catering industry was 9% per year, accounting for 10% of the GDP. And 71 million people will be of employed persons in domestic trade in 2010, accounting for 5.2% of the population number. The average annual increase rate of sales revenue of chain enterprises above designated size was around 21%, accounting for 25% of total retail sales of consumer goods. Fifteen to twenty big enterprises, engaging in domestic trade with national influence and strong international competitiveness and a batch of regional leading enterprises, will be established.
By 2010, China will achieve significant progress in establishment of an unified, open and orderly modern socialist market system with well-developed legal system, improved economic and social system, coordinate development, regulated order, reasonable structure, advanced mode, enhanced organization and strong competition to further strengthen the function of domestic trade in driving up consumption, leading production, enlarging employment and improving economic operation efficiency.
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