Highlights of news conference of the Ministry of Commerce
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Zhong Shan, Minister of Commerce; Wang Shouwen, Vice-Minister of Commerce and Deputy China International Trade Representative, and Vice-Minister of Commerce Qian Keming, answered questions on China's domestic market and all-round opening-up at a press conference during the second session of the 13th National People's Congress on March 9, 2019.
Here are the highlights:
Social consumption increases 9% to 38t yuan last year
China's total social consumption in 2018 reached 38.1 trillion yuan, up 9 percent year-on-year, Minister of Commerce Zhong Shan said on Saturday during a media conference.
Consumption contributed 76.2 percent of last year's economic growth, Zhong said.
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