Market
Mar 07, 2016 ｜ by China Textile
Market
Edited by Xu Yuanyuan
On February 17 2016, Ministry of Commerce held the regular press conference, and its spokesman Shen Danyang responded to the market situation. The veritable records are as follows:
Market performance
In January, the domestic consumer market realized a steady growth. The sales of the key retail enterprises monitored by the Ministry of Commerce were up 6.5% year on year. Because of the approaching of the Spring Festival, the sales of part of the consumer goods increased remarkably. The main features were as follows:
·Online sales maintained a rapid growth, and the growth of traditional business increased. In January, the sales of online retail enterprises monitored by the Ministry of Commerce were up 34.5% year on year, and those of the shopping centers, supermarkets, department stores and special stores were up 11.9%, 9.6%, 5.5% and 3.5% respectively year on year, 1.8, 1.0, 2.1 and 2 percentage points higher than those of last month respectively.
·The sales of food and cloths speeded up, and the consumption for travel picked up. In January, the sales of food and cloths of key retail enterprises monitored by the Ministry of Commerce increased 14.4% and 9.5% respectively, 4.9 and 6.7 percentage points higher than those of last month; the sales of automobile went up 5.5%, 3.4 percentage points higher than those of last month; that of petroleum and the products went down 9.7% with a decrease of 9 percentage points. According to the statistics of the National Information Union of the Passenger Car market, the sales of passenger car in narrow sense increased 11.2% year on year, among which, the sales of SUV witnessed a rapid growth of 64%.
·Service consumption was still hot. In January, the sales of key catering enterprises monitored by the Ministry of Commerce went up 6.4% year on year; the film box-office earnings reached RMB 3.85 billion with the growth rate approaching 50%. The scale of tourist market continued to expand, and the excursion around the cities themed on taking spring, skiing and folk custom became the highlights of the market before the Spring Festival.
·Food price continued to pick up. Affected by the low temperature and the freezing rain and snow weather, as well as the approaching of the Spring Festival, the price of agricultural products in 36 large and medium size cities in January was up 3.2% year on year, enjoying an increase for 3 consecutive months, and up 2.6% month on month. Among these, the price of vegetable, pork and fruits went up 6.4%, 3.9% and 1.3% respectively month on month.
(Source: Ministry of Commerce of the People’s Republic of China)
