2025-07-18
59 分钟Get the unmissable news stories of the day.
This is the Beijing Hour.
this is the beijing hour one hour of news and information brought to you every weekday now here's your host shane bigham with you on this friday july 18 2025 you're listening to the beijing hour coming to you live from the chinese capital on today's program chinese officials said the country's made tremendous progress in commerce development
since the start of the 14th five-year plan period a media report say there's an updated ceasefire proposal
for ending the violence in gaza and brazil says it'll not tolerate foreign interference amid growing tensions with the United States.
In business, China's consumer market continues to drive the economy.
In sports, China claims its first gold at the World University Games in Germany.
In culture and entertainment,
the Chinese president's wife gave a speech at a China-US youth friendship event.
Now the day's top stories.
Chinese officials say the country's made landmark achievements in commerce development
since the 14th Five-Year Plan began in 2021.
Commerce Minister Wang Wentao said the success of foreign investment is a testament to the improving business environment in China.
Wang Mengjie has more.
With the 14th Five-Year Plan period nearing conclusion, Wang Wentao,
Minister of Commerce, described the five years as a period of remarkable progress.
China's consumer market remains the second largest globally,
with an average annual growth rate of 5.5 percent in retail sales of consumer goods and is expected to top 50 trillion yuan,
or about 7 trillion U.S. dollars in 2025.
According to Wang,