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China Retail Sales of Consumer Goods Up - ChinaRetailNews.com

Retailing, Franchising, and Consumerism Business Intelligence in China

China Retail Sales of Consumer Goods Up

In the first quarter of 2007, the total retail sales of consumer goods reached RMB2.1 trillion, a year-on-year increase of 14.9%.

In terms of different regions, the retail sales of consumer goods in urban areas rose by 15.5% over the same period of the previous year; that of retail sales at and below the county level achieved RMB685.5 billion up by 13.7%.

In terms of different industries, the retail sales of wholesale and retail trades was RMB1.78 trillion, a year-on-year increase of 14.7%; that of hotel and catering services was RMB298.4 billion, up by 17.4%; that of other industries was RMB36.2 billion, up by 4.4%.

In terms of different commodity categories, the retail sales above designated size of wholesale and retail trades, divided by foodstuff, clothing and utilized commodities increased 22.4, 27.2 and 25.8% respectively.

Of which, the retail sales for grain and oil was up by 30.4%; that of meat, poultry and eggs was up by 32.5%; that of clothing, shoes, hats and textiles was up by 27.2%; that of cultural and offices appliances rose by 12.9%; that of sports and recreation articles rose by 14.5%; that of articles for daily use shot up by 23.4%; that of household appliances and video appliances rose by 21.0%; that of furniture was up by 37.6%; that of building and decoration materials increased 25.3%; that of cosmetics jumped by 24.8%; that of gold, silver, and jewelry rose by 37.9%; that of telecommunication appliances rose by 10.6%; that of automobiles rose by 38.5%; and that of petroleum and related products rose by 24.0%.

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