TIANJIN - North China's Tianjin has released a five-year action plan to accelerate its efforts in building itself into an international consumption center city.

Per the plan, which is composed of 24 key tasks, Tianjin will become a gathering place for global consumption resources and a destination for international consumption and domestic tourism in the next five years.

By 2025, Tianjin's annual total retail sales of consumer goods will exceed 500 billion yuan ($70.3 billion), and the city will record 300 million domestic and overseas tourist visits each year. By 2027, its annual total retail sales of consumer goods will double its 2022 figure, and the municipality will see 320 million domestic and overseas tourist visits per year, according to the plan.

Tianjin will take a series of measures to achieve these goals, including constructing landmark business districts, holding international exhibition events, improving supporting facilities and providing quality services.

In 2021, China approved Shanghai, Beijing, Guangzhou, Tianjin and Chongqing to take the lead in building international consumption center cities.

By  | Xinhua |

DISCLAIMER: THIS ARTICLE IS FROM THE INTERNET AND DOES NOT REPRESENT THE OPINIONS OF 鹏盛资本PENGSCPA. 鹏盛资本PENGSCPA DO NOT GUARANTEE THE ACCURACY OR COMPLETENESS OF THE ARTICLE, WHICH IS FOR YOUR REFERENCE ONLY. IF ANYONE SUFFERS DIRECT, INDIRECT OR RELATED LOSSES DUE TO THE USE OF THE MATERIALS IN THIS ARTICLE, 鹏盛资本PENGSCPA WILL NOT BE LIABLE FOR SUCH LOSSES.