China's Ministry of Commerce (MOFCOM) is formulating guidelines for the country's twelfth five-year planning period to boost domestic consumption, with a target of growing overall consumer goods retail sales by 15% annually to around RMB 30 trillion by 2015, 21st Century Business Herald reported on March 16 without naming the source of the information. The country recorded retail sales of RMB 15.7 trillion in 2010, the report said. CITATION http://www.chinaleather.org/eng/show.php?itemid=6012
