Here's China's alleged five-year plan to boost consumption

This is the country's first-ever five-year domestic trade plan aiming to boost sales by 80%.

According to BBVA Resesarch, China is rumored to reveal "domestic trade five-year plan" to aid consumption. China will launch its first-ever five-year plan for domestic trade to stimulate consumption, according to reports by the Shanghai Securities News today. The major target of the plan is to boost retail sales of consumer goods by 80% by the end of 2015. Detailed measures might include a new round of subsidy programs and sales tax adjustments on certain consumer goods.

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