The Ministry of Commerce held a symposium for foreign retail companies in Shanghai.

According to the Securities Times app, on November 8th, during the 8th China International Import Expo, Vice Minister of Commerce Sheng Qiuping organized a forum for foreign retail enterprises in Shanghai, where representatives from some foreign retail enterprises participated in the discussion. Sheng Qiuping stated that the retail industry is a fundamental sector of the national economy, serving as a bridge between production and consumption and an important vehicle for end consumption. It plays a crucial role in guiding production, expanding consumption, creating employment, ensuring people's livelihoods, and strengthening the domestic circulation, which is closely related to economic development, social stability, and people's well-being. Currently, the retail industry in China is enormous, trending well, and full of vitality, undergoing rapid changes.