Foreign Media: Chinese policy advisor Chi Fulin stated that China is poised to become the world's largest consumer market within the next 10 to 15 years.
China currently accounts for approximately 13% to 15% of global consumption. In the coming 1 to 2 years, this share could increase by about 1 percentage point annually, and within 10 to 15 years, it is expected to exceed 20%. If China’s consumption share ultimately matches its roughly one-third share in global manufacturing, China will become the world’s largest manufacturing hub, consumer market, and importer.
Original article: toutiao.com/article/1870064970186764/
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