On July 19, Director of Market
Operation Division, Ministry of Commerce, introduced consumption market
operation situations in China in the first half year of 2017.
According to data of National Bureau of Statistics, the
total retail amount of social consumables in China from January to June reached
CNY17.2 trillion, increasing 10.4% year on year, up 0.4 and 0.1 percentage
points respectively than the previous season and previous year. The
year-on-year growth in June is 11%, which is the highest record in recent 18
months. The year-on-year growth of sales volume in key retailing enterprise
under supervision of the Ministry of Commerce is 4.4%, 0.8 percentage point
higher than last years. Main highlights in consumption market:
The first is re-rising of offline retails;
The second is high-speed growth of online sales;
The third is rapidly development of service consumption.
The fourth is that green and sharing consumption becomes
market hot spot.
The fifth is gentle rising of consumption price.