Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Retail Sales of Consumer Goods Recovering in Beijing
Jul 18, 2003
 Printable format
 Email this Article
 Search

Retail sales of consumer goods in Beijing hit 89.46 billion yuan (U.S. $10.78 billion) in the first 6 months of the year, up 13.7 percent from the same period in the previous year.

According to the Beijing Municipal Commission of Commerce, the consumer goods market in the city has been picking up since late May, and retail sales in June alone totaled 14.41 billion yuan ($1.74 billion), up 6.3 percent year-on-year, or 15.9 percentage points from May.

The recent negative impact of the outbreak of the severe acute respiratory syndrome (SARS) on the Beijing market is expected to only be felt over the short-term, and thus the general upward trend of the upgrading of the consumption structure will persist.

Sales of popular household and travel goods have continued to rise steadily, in particular, the consumption of private automobiles, which has been surging.

In the first 5 months of the year, 119,000 automobiles were sold in Beijing, up 7.3 percent, with retail sales totaling 10.45 billion yuan ($1.26 billion).

Liang Wei, director of the Beijing Municipal Commission of Commerce, said he is confident that this year's goal of raising consumer good sales by 10 percent will be achieved. (Asia Pulse)

Back to Daily News

 

Daily News

...........................................................

Jul 22, 2014: Lennox International Reports Record Profit in Second Quarter

Jul 22, 2014: Whirlpool Launches Hybrid Heat Pump Dryer

Jul 22, 2014: Weber-Stephen Breaks Ground on New Distribution Complex

Jul 22, 2014: Brinly-Hardy 175th Anniversary Brochure Wins 2014 PIAS Graphic Award

Jul 21, 2014: Electrolux Sees Continued Improvement in European, North American Major Appliance Markets

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows