Chinese consumer spending, as represented by retail sales, is expected to increase 8% in 2019 to CNY 41.1 trillion, the official Xinhua News Agency reported on Monday, citing a commerce ministry official.
The key economic metric had increased by 9% in 2018.
The world’s second-largest economy faced downward pressure throughout the last 12 months, courtesy of the US-China trade tensions.
The economy grew an underwhelming 6% in the July to September period, its weakest rate in at least 27 years.
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