China's State Council Approves 15th Five-Year Consumption Plan Targeting Catering Sector
The State Council approved the 15th Five-Year Plan for Expanding Consumption, which calls for improving catering service quality, cultivating regional restaurant brands, and building food districts and specialty snack industry clusters. National Bureau of Statistics data show nationwide catering revenue reached RMB 32,822 billion in the first seven months of 2026, up 2.6% year on year, outpacing growth in total retail sales of consumer goods by 1.4 percentage points over the same period.
The 15th Five-Year Plan for Expanding Consumption, approved by the State Council, calls for improving catering service quality, implementing a program to cultivate regional restaurant brands, and encouraging local governments to build food districts and specialty snack industry clusters. The plan covers improvements to catering service quality, the cultivation of regional restaurant brands, and the development of food districts and specialty snack industry clusters.
Data released by the National Bureau of Statistics show that nationwide catering revenue reached RMB 32,822 billion in the first seven months of 2026, up 2.6% year on year. The growth rate was 1.4 percentage points higher than that of total retail sales of consumer goods over the same period. The figures cover nationwide catering revenue from January to July 2026 and its comparison with the growth rate of total retail sales of consumer goods over the same period.
Why this event matters
The event has a measured impact on 5 industrys. The strongest current signal is positive for Restaurants, with intensity 65/100 and 70% confidence over a medium term horizon.
Restaurants
- Direction
- positive
- Intensity
- 65
- Confidence
- 70%
- Horizon
- Medium term
Staple Food Processing
- Direction
- positive
- Intensity
- 40
- Confidence
- 55%
- Horizon
- Medium term
Condiments
- Direction
- positive
- Intensity
- 40
- Confidence
- 55%
- Horizon
- Medium term
Fresh Produce
- Direction
- positive
- Intensity
- 35
- Confidence
- 50%
- Horizon
- Medium term
Beverages & Dairy
- Direction
- positive
- Intensity
- 35
- Confidence
- 50%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.