Core Insights - The Ministry of Commerce has reported significant progress in the construction of a modern commercial circulation system since the start of the 14th Five-Year Plan, driven by modern supply chains and high-quality development in the wholesale and retail sectors [1] Group 1: Economic Performance - The wholesale and retail sector's added value is projected to reach 13.8 trillion yuan in 2024, marking a 40% increase compared to the end of the 13th Five-Year Plan, making it the second largest sector after manufacturing [1] - The sector's contribution to GDP will exceed 10%, reaching a historical high, and it is expected to create 135 million jobs [1] - In the first half of this year, the added value of the wholesale and retail sector grew by 5.9% year-on-year, indicating a sustained growth momentum [1] Group 2: Cost Reduction - The total logistics costs as a percentage of GDP have decreased from 14.7% five years ago to 14.1% [1] - Comprehensive logistics costs for key enterprises have been reduced by 10% [1]
商务部:现代商贸流通体系建设取得积极成效 总体体现为“一升一降”
news flash·2025-07-18 04:16