China has become one of the world's most important retail markets, meaning there are many opportunities for UK companies to take advantage of. While retail sales inched up in July, property investment in China worsened slightly while urban unemployment rose and fixed-asset-investment growth slowed. Index performance for China Retail Sales Value YoY (CNRSCYOY) including value, chart, profile & other market data. This really changed the market in China. Lower-income Chinese consumers wanted to be part of the e-commerce world but had been left out because they couldn't. Understand the latest market trends and future growth opportunities for the Retailing industry in China with research from Euromonitor International.
What is the forecast for China Retail Sales (YoY)?. The consensus for the next China Retail Sales (YoY) is unknown, and the last deviation was Latest Updates. China's retail sales grew by % year-on-year in July , compared to market forecasts of % and accelerating from June's month low of a. China Retail Sales YoY ; Actual: % ; Forecast: % ; Previous: %. China Retail Sales Year to Date YTD YoY ; Actual: % ; Forecast: ; Previous: %. We further categorise Consumer Markets into Retail sector, and Food, Drink and Consumer Products sector. Companies competing in today's consumer markets have. Overall retail vacancy in China's 16 major markets down to % in Q2. Brands are opening their first stores or are accelerating their expansion in China. This really changed the market in China. Lower-income Chinese consumers wanted to be part of the e-commerce world but had been left out because they couldn't. China is leading the way in terms of merging social media and retail. In some cases, it's become almost impossible to distinguish between online retail and. China Retail Sector - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts ( - ) - The China Retail Sector Market size is estimated. China's retail sales grew by y/y in January , CEIC's weekly nowcast shows. The rebound in China's consumption comes after three consecutive declines.
As the Chinese economy continues to cool, China's retail industry is feeling the pinch. The consumer market as a whole is rather weak, while competition over. China is both a large and a fast-growing retail market—worth about $5 trillion in —and highly digitized. Given that the pandemic has made digital every. E-commerce has grown faster in China than in any other large market in the world. The growing middle class is boosting retail demand, but traditional stores are. The sales boom seen in recent years from Alibaba's Singles Day shopping event is undoubtedly down to the unique digital environment in China. The sales boom seen in recent years from Alibaba's Singles Day shopping event is undoubtedly down to the unique digital environment in China. China Retail Sales grew % YoY in May , compared with a % increase in the previous month. Retail Sales MoM in China averaged percent from until , reaching an all time high of percent in May of and a record low of According to the National Bureau of Statistics, in , online retail sales of physical goods in China reached billion yuan, recording a % increase. China Retail Market Analysis. The China Retail Sector Market size is estimated at USD trillion in , and is expected to reach USD trillion by
In the past decades, the Chinese retail market has experienced a significant transformation from traditional to modern, and is now again being disrupted by. The China Retail Sector Market is expected to reach USD trillion in and grow at a CAGR of % to reach USD trillion by The Chinese food & grocery retail market had total revenues of $2,bn in , representing a compound annual growth rate (CAGR) of %. Retail sales of consumer goods in China can be divided into two main categories, revenue from food services and retail sales of physical goods. China has become one of the world's most important retail markets, meaning there are many opportunities for UK companies to take advantage of.