China’s garment knitwear retail sales increased by 47.6 pct YoY in the first two months

Apr 08, 2021  |  by Zhao Xinhua


From January to February, the total retail sales of social consumer goods reached 6,973.7 billion yuan, a year-on-year increase of 33.8 percent; compared with January to February in 2019, it increased by 6.4 percent, with an average growth rate of 3.2 percent in two years. Among them, the retail sales of consumer goods other than automobiles reached 6,307.6 billion yuan, an increase of 30.4 percent and an average growth of 2.9 percent in two years. After deducting price factors, the total retail sales of social consumer goods from January to February 2021 increased by 34.3 percent in real terms, with an average growth of 1.2 percent in two years.

From January to February, commodity retail sales amounted to 6,265.1 billion yuan, an increase of 30.7 percent year-on-year, an average growth of 3.8 percent in two years.
 
From January to February, the national online retail sales volume was 1,758.7 billion yuan, an increase of 32.5 percent year-on-year, and an average growth of 13.3 percent in two years. Among them, the online retail sales of physical goods reached 1,441.2 billion yuan, a year-on-year growth of 30.6 percent, with an average growth of 16.0 percent in two years, accounting for 20.7 percent of the total retail sales of social consumer goods; in the online retail sales of physical goods, food, clothing and consumer goods increased by 41.6, 44.3 and 25.1 percent, respectively, with an average growth of 33.8, 8.7 and 16.0 percent in two years.

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2021.12   

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