China's 'new retail' to represent 33% of consumer spending by 2023 - research - je.st - China's 'new retail' to represent 33% of consumer spending by 2023

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China's 'new retail' to represent 33% of consumer spending by 2023 - research

The combination of on- and off-line retail sales in China could account for up to a third of all consumer spending in the country by 2023.