Business Intelligence on Retailing, Franchising, and Consumerism in China

May Retail Sales In Beijing Reached CNY43.63 Billion

According to statistics jointly published by the Beijing Municipal Bureau of Statistics and the National Bureau of Statistics, Beijing's consumer market maintained a stable growth in May 2009 and realized retail sales of CNY43.63 billion, a year-on-year increase of 14.7%.

By industry, Beijing's wholesale and retail industries realized sales of CNY39.44 billion, an increase of 14.5% compared with the same period of last year; the catering industry realized sales of CNY3.94 billion, up by 18.8%; and hotel industry realized sales of CNY830 million, an increase of 11.8%.

By region, Beijing's urban retail sales increased by 14.4% year-on-year to CNY37.89 billion while its rural retail sales increased by 14.7% to CNY5.75 billion.

From January to May 2009, Beijing achieved accumulated retail sales of CNY207.33 billion, an increase of 13.2%.

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