Retail outlets reflect changing consumer habits
2 months, 4 weeks ago

Retail outlets reflect changing consumer habits

China Daily  

Citizens buy clothes at a retail outlet in a subway station in Wuhan, Hubei province, in December. CHINA DAILY In China's retail landscape, outlet malls are emerging as a major force, offering significant discounts on global brands and innovative shopping experiences. Chen Yabo, head of the China Outlets Association, said, "Outlets in China have become a key retail channel, distinct from their earlier role as inventory clearance hubs." "Middle-income families in China are increasingly cautious and rational buyers, focusing on value and practicality — traits that align with what outlets offer," Chen said. According to the 2023-24 white paper on the country's outlets industry by the China department store association, the outlets sector in China grew 9.5 percent year-on-year in 2023, reaching 230 billion yuan in sales.

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History of this topic

Retail giants bullish on consumption rebound
5 days, 23 hours ago

Retail giants bullish on consumption rebound

China Daily  

China Daily | Updated: 2025-03-25 10:30 Q4 Driving domestic consumption is one of the top priorities for China to spur economic growth this year. LIU: China's consumption potential remains robust, driven by a growing middle-income group and policy incentives like duty-free expansion. ZHANG: With its 1.4 billion population, China's market presents unparalleled potential for baked goods industry growth. YOOVIDHYA: China's …

Retail giants bullish on consumption rebound
Top News
5 days, 23 hours ago

Retail giants bullish on consumption rebound

China Daily  

China Daily | Updated: 2025-03-25 10:30 Editor's Note: This year marks a critical milestone as China concludes its 14th Five-Year Plan. LIU: The two sessions introduce policies focused on deepening reforms and expanding high-level opening-up, especially those in line with initiatives like the 2025 Action Plan for Stabilizing Foreign Investment. As an ultra-premium New Zealand pet food brand in China, …

China's retail sales, investment pick up pace
1 week, 6 days ago

China's retail sales, investment pick up pace

China Daily  

By Ouyang Shijia | chinadaily.com.cn | Updated: 2025-03-17 10:00 China's economy continued to recover in the first two months this year as consumption and investment showed improvement, official data showed on Monday, making a steady start for 2025. China's value-added industrial output - a gauge of activity in the manufacturing, mining and utilities sectors - grew by 5.9 percent over …

China becomes largest online retail market for 12 consecutive years
2 months ago

China becomes largest online retail market for 12 consecutive years

China Daily  

A saleswoman sells dark tea bricks via live-streaming in Jiangnan town of Anhua county, Central China's Hunan province, March 26, 2024. BEIJING -- China has become the world's largest online retail market for 12 consecutive years, with online retail sales reaching 15.5 trillion yuan in 2024, the Ministry of Commerce said Friday. China's wholesale and retail industries have made steady …

China's home appliance sales surge in 2024 under trade-in scheme
2 months, 1 week ago

China's home appliance sales surge in 2024 under trade-in scheme

China Daily  

Xinhua | Updated: 2025-01-20 09:40 BEIJING - China's sales of home appliances surged in 2024 under its policy-backed trade-in program, according to the Ministry of Commerce on Saturday. Retail sales of home appliances and audio and visual equipment under the scheme reached 1.03 trillion yuan in 2024, according to data from the National Bureau of Statistics. To stimulate consumer spending …

Retail outlets reflect changing consumer habits
2 months, 4 weeks ago

Retail outlets reflect changing consumer habits

China Daily  

Citizens buy clothes at a retail outlet in a subway station in Wuhan, Hubei province, in December. CHINA DAILY In China's retail landscape, outlet malls are emerging as a major force, offering significant discounts on global brands and innovative shopping experiences. Chen Yabo, head of the China Outlets Association, said, "Outlets in China have become a key retail channel, distinct …

Cross-border e-commerce growing in China
4 months, 2 weeks ago

Cross-border e-commerce growing in China

China Daily  

Having worked as a tech reporter for about a decade, I have witnessed firsthand the rapid growth of China's cross-border e-commerce platforms and how the country's consumers have shown increasing demand for premium imported and foreign-branded products in recent years. According to a report from Chinese e-commerce platform JD's Consumption and Industry Development Research Institute, imported brands, including mobile phones, …

China's consumer goods trade-ins unleash market potential: official
5 months, 1 week ago

China's consumer goods trade-ins unleash market potential: official

China Daily  

Xinhua | Updated: 2024-10-18 21:25 A consumer learns about trade-in plans for home appliances at a store in Chongqing in July. SUN KAIFANG/FOR CHINA DAILY TIANJIN -- China's consumer goods trade-ins have unleashed new market demands, with over 1.4 million applications for automobile scrapping and renewal subsidies recorded so far, Vice-Minister of Commerce Sheng Qiuping said on Friday. As of …

China reports surge in home appliance sales under trade-in program
5 months, 4 weeks ago

China reports surge in home appliance sales under trade-in program

China Daily  

A consumer learns about trade-in plans for home appliances at a store in Chongqing in July. SUN KAIFANG/FOR CHINA DAILY BEIJING - The ongoing trade-in program for home appliances has led to a surge in sales revenues which topped 33.5 billion yuan since August, the latest data from the Ministry of Commerce showed. MOC data showed that green and smart …

China reports surge in home appliance sales under trade-in program
5 months, 4 weeks ago

China reports surge in home appliance sales under trade-in program

China Daily  

A consumer learns about trade-in plans for home appliances at a store in Chongqing in July. SUN KAIFANG/FOR CHINA DAILY BEIJING - The ongoing trade-in program for home appliances has led to a surge in sales revenues which topped 33.5 billion yuan since August, the latest data from the Ministry of Commerce showed. MOC data showed that green and smart …

China's consumer goods trade-in program spurs car, home appliance sales
9 months ago

China's consumer goods trade-in program spurs car, home appliance sales

China Daily  

Visitors watch a new energy vehicle equipped with Huawei's Qiankun system at the 2024 Beijing International Automotive Exhibition in Beijing, China, April 25, 2024. BEIJING -- A consumer goods trade-in program rolled out by the Chinese government in March has spurred rising sales of products such as cars, home appliances and furniture. In May, retail sales of cars exceeded 2.27 …

双语新闻播报（June 4）
9 months, 3 weeks ago

双语新闻播报（June 4）

China Daily  

> China's online retail sales up 11.5% in January-April period 商务部：今年前4月全国网上零售额同比增长11.5% A staff member sells summer oranges via live broadcasts at a digital e-commerce center in Zigui county, Yichang, Hubei province on Aug 4, 2023. China's online retail sales saw steady expansion in the first four months of 2024, with emerging growth forces continuing to boost consumption, official data showed …

【双语财讯】商务部：今年前4月全国网上零售额同比增长11.5%
10 months ago

【双语财讯】商务部：今年前4月全国网上零售额同比增长11.5%

China Daily  

据商务部介绍，2024年1至4月，我国电子商务保持较快增速，全国网上零售额4.41万亿元，同比增长11.5%。 A staff member sells summer oranges via live broadcasts at a digital e-commerce center in Zigui county, Yichang, Hubei province on Aug 4, 2023. China's online retail sales saw steady expansion in the first four months of 2024, with emerging growth forces continuing to boost consumption, official data showed on Tuesday. 5月21日发布的官方数据显示，今年1至4月，我国网络零售实现稳步增长，网络消费新增长点持续发力。 The country's online retail sales rose 11.5 …

【双语财讯】商务部：今年前4月全国网上零售额同比增长11.5%
10 months ago

【双语财讯】商务部：今年前4月全国网上零售额同比增长11.5%

China Daily  

据商务部介绍，2024年1至4月，我国电子商务保持较快增速，全国网上零售额4.41万亿元，同比增长11.5%。 A staff member sells summer oranges via live broadcasts at a digital e-commerce center in Zigui county, Yichang, Hubei province on Aug 4, 2023. China's online retail sales saw steady expansion in the first four months of 2024, with emerging growth forces continuing to boost consumption, official data showed on Tuesday. 5月21日发布的官方数据显示，今年1至4月，我国网络零售实现稳步增长，网络消费新增长点持续发力。 The country's online retail sales rose 11.5 …

【双语财讯】商务部：今年前4月全国网上零售额同比增长11.5%
10 months ago

【双语财讯】商务部：今年前4月全国网上零售额同比增长11.5%

China Daily  

据商务部介绍，2024年1至4月，我国电子商务保持较快增速，全国网上零售额4.41万亿元，同比增长11.5%。 A staff member sells summer oranges via live broadcasts at a digital e-commerce center in Zigui county, Yichang, Hubei province on Aug 4, 2023. China's online retail sales saw steady expansion in the first four months of 2024, with emerging growth forces continuing to boost consumption, official data showed on Tuesday. 5月21日发布的官方数据显示，今年1至4月，我国网络零售实现稳步增长，网络消费新增长点持续发力。 The country's online retail sales rose 11.5 …

China's online retail sales up 11.5% in January-April period
10 months, 1 week ago

China's online retail sales up 11.5% in January-April period

China Daily  

A staff member sells summer oranges via live broadcasts at a digital e-commerce center in Zigui county, Yichang, Hubei province on Aug 4, 2023. BEIJING - China's online retail sales saw steady expansion in the first four months of 2024, with emerging growth forces continuing to boost consumption, official data showed on Tuesday. The country's online retail sales rose 11.5 …

China's online retail sales up 11.5% in January-April period
10 months, 1 week ago

China's online retail sales up 11.5% in January-April period

China Daily  

Xinhua| Updated :2024-05-23 A staff member sells summer oranges via live broadcasts at a digital e-commerce center in Zigui county, Yichang, Hubei province on Aug 4, 2023. BEIJING - China's online retail sales saw steady expansion in the first four months of 2024, with emerging growth forces continuing to boost consumption, official data showed on Tuesday. The country's online retail …

China's key economic indicators pick up pace
1 year ago

China's key economic indicators pick up pace

China Daily  

China's economy gained more steam in the first two months of 2024 with improvement in key indicators, including production and investment, the National Bureau of Statistics said on Monday. China's value-added industrial output - a gauge of activity in the manufacturing, mining and utilities sectors - grew by 7 percent in the January-February period from a year earlier after a …

China's key economic indicators pick up pace
1 year ago

China's key economic indicators pick up pace

China Daily  

China's economy gained more steam in the first two months of 2024 with improvement in key indicators, including production and investment, the National Bureau of Statistics said on Monday. China's value-added industrial output - a gauge of activity in the manufacturing, mining and utilities sectors - grew by 7 percent in the January-February period from a year earlier after a …

Small packages deliver big business in Zhejiang
1 year, 1 month ago

Small packages deliver big business in Zhejiang

China Daily  

Staff members work at Yiwu Comprehensive Bonded Zone in Yiwu, Zhejiang province, on Nov 12, 2023. New business vitalities have emerged from packages as the express delivery volume of Jinhua in Zhejiang province exceeded 13.6 billion last year, making it China's largest city in terms of delivery volume for four consecutive years, Xinhua reported, citing State Post Bureau. In addition …

Small packages deliver big business in Zhejiang
1 year, 1 month ago

Small packages deliver big business in Zhejiang

China Daily  

Staff members work at Yiwu Comprehensive Bonded Zone in Yiwu, Zhejiang province, on Nov 12, 2023. New business vitalities have emerged from packages as the express delivery volume of Jinhua in Zhejiang province exceeded 13.6 billion last year, making it China's largest city in terms of delivery volume for four consecutive years, Xinhua reported, citing State Post Bureau. In addition …

E-commerce thrives in Taizhou in 2023
1 year, 1 month ago

E-commerce thrives in Taizhou in 2023

China Daily  

Taizhou, located in East China's Zhejiang province, processed 1.48 billion parcels in 2023, a 6.07 percent year-on-year increase. According to data released by the National Postal Administration, Taizhou's express delivery volume catapulted the city into the top 50 nationwide, securing the 21st position. Official figures unveiled that Taizhou's online retail sales reached 146.43 billion yuan in 2023, representing a yearly …

Muji eyeing China for top-slot market
1 year, 4 months ago

Muji eyeing China for top-slot market

China Daily  

Visitors at the MUJI booth at the sixth CIIE held in Shanghai. Japanese retailing giant Muji is eyeing a bigger presence in China as the domestic market assumes a more critical role in the company's global radar, a top executive said. As China plays an increasingly critical role for Muji's global business, we feel that it is the right time …

Consumption soft even amid deep discounts during major China shopping festival, analysts say
1 year, 9 months ago

Consumption soft even amid deep discounts during major China shopping festival, analysts say

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chinese consumers snapped up billions …

China's online retail sales log rapid expansion in Q1
1 year, 11 months ago

China's online retail sales log rapid expansion in Q1

China Daily  

A woman from Guizhou's Dong ethnic group sells handmade rabbit toys via a livestream in Congjiang county, Guizhou province on Jan 25, 2023. BEIJING -- China's online retail market registered robust growth in the first quarter of this year, data from the Ministry of Commerce showed on Friday. Specifically, sales of gold, silver and jewelry soared 28.1 percent year-on-year, and …

Quzhou's retail sales gain in Jan-Sept
3 years, 4 months ago

Quzhou's retail sales gain in Jan-Sept

China Daily  

chinadaily.com.cn| Updated :2021-11-21 From January to September, total retail sales in Quzhou city – located in East China's Zhejiang province – came in at 58.94 billion yuan, an increase of 14.6 percent year-on-year, according to the latest statistics from the Quzhou municipal bureau of commerce. During the period, the city's wholesale, retail, accommodation, as well as restaurant and catering industries …

Digitalization boosts e-commerce development in Quzhou
3 years, 5 months ago

Digitalization boosts e-commerce development in Quzhou

China Daily  

chinadaily.com.cn| Updated :2021-10-18 From January to August, retail sales from e-commerce in Quzhou city – located in East China's Zhejiang province – came in at 29.07 billion yuan, according to the latest statistics of the Quzhou municipal bureau of commerce. One individual star player is reportedly Mediabook Holding Co Ltd, which has been dubbed the leading performer among e-commerce enterprises …

Digitalization boosts e-commerce development in Quzhou
3 years, 5 months ago

Digitalization boosts e-commerce development in Quzhou

China Daily  

chinadaily.com.cn| Updated :2021-10-18 From January to August, retail sales from e-commerce in Quzhou city – located in East China's Zhejiang province – came in at 29.07 billion yuan, according to the latest statistics of the Quzhou municipal bureau of commerce. One individual star player is reportedly Mediabook Holding Co Ltd, which has been dubbed the leading performer among e-commerce enterprises …

China mulls new measures to promote service consumption
4 years, 4 months ago

China mulls new measures to promote service consumption

China Daily  

China will work on new measures to promote service consumption, further unleashing consumption potential in the service sector, according to the National Development and Reform Commission on Nov 17. Speeding up the high-quality development of new consumption will better support the country's latest development pattern that features the domestic market as the mainstay with domestic and international markets reinforcing each …

Shandong online retail sales hit 157.45 b yuan in first five months
4 years, 9 months ago

Shandong online retail sales hit 157.45 b yuan in first five months

China Daily  

Emerging businesses such as online shopping, live streaming, community group buying, and social e-commerce have shown great vitality in stimulating consumption potential, upgrading consumption patterns, unblocking consumption networks and generating consumption enthusiasm amid the COVID-19 pandemic. Official statistics showed that from January to May this year, the online retail sales of in Shandong province reached 157.45 billion yuan, among which …

Walmart China plans to open 500 new stores
5 years, 4 months ago

Walmart China plans to open 500 new stores

CNN  

Hong Kong CNN Business — Walmart is doubling down in China despite an economic slowdown. The Arkansas-based retailer announced Thursday that it plans to open 500 new stores in China over the next five to seven years. JD.com, China’s second largest e-commerce player after Alibaba, now hosts Walmart’s groceries and other various products on its own online shopping platform. The …

China will overtake the US as the world’s biggest retail market this year
6 years, 2 months ago

China will overtake the US as the world’s biggest retail market this year

CNN  

Hong Kong CNN Business — China’s economy may be slowing down, but the country is still set to eclipse the United States as the world’s top retail market for the first time. Retail sales in China will reach more than $5.6 trillion this year, about $100 billion more than in the United States, according to a report published Wednesday by …

China's online retail sales near $1t mark in 2017
7 years, 4 months ago

China's online retail sales near $1t mark in 2017

China Daily  

A young online retailer contacts with buyers at home in Chongqing. China's 2017 online retail sales is approaching $1 trillion that will buttress the country's position as the largest e-commerce market in the world, S&P Global Ratings said on Monday. Driven by that, China's online retail industry's annual growth will be 20-25 percent in next 12-24 months. The huge number …

China's online retail sales near $1t mark in 2017
7 years, 4 months ago

China's online retail sales near $1t mark in 2017

China Daily  

A young online retailer contacts with buyers at home in Chongqing. China's 2017 online retail sales is approaching $1 trillion that will buttress the country's position as the largest e-commerce market in the world, S&P Global Ratings said on Monday. Driven by that, China's online retail industry's annual growth will be 20-25 percent in next 12-24 months. The huge number …

China's cross-border e-commerce expected to hit $1.32t in 2018
7 years, 5 months ago

China's cross-border e-commerce expected to hit $1.32t in 2018

China Daily  

Customs officials in Yiwu, Zhejiang province, inspect e-commerce parcels from South Korea. Chinese cross-border e-commerce transaction reached 6.7 trillion yuan in 2016, up by 31.6 percent, chinanews.com reported Sunday, citing an index released at a forum held in Shanghai. The Chinese Cross-Border E-commerce Index also predicted that by 2018, value of China's import and export transaction via e-commerce, including retail …

China's cross-border e-commerce expected to hit $1.32t in 2018
7 years, 5 months ago

China's cross-border e-commerce expected to hit $1.32t in 2018

China Daily  

Customs officials in Yiwu, Zhejiang province, inspect e-commerce parcels from South Korea. Chinese cross-border e-commerce transaction reached 6.7 trillion yuan in 2016, up by 31.6 percent, chinanews.com reported Sunday, citing an index released at a forum held in Shanghai. The Chinese Cross-Border E-commerce Index also predicted that by 2018, value of China's import and export transaction via e-commerce, including retail …

Breakthroughs confirm China's rise as a global high-tech player[4]- Chinadaily.com.cn
7 years, 5 months ago

Breakthroughs confirm China's rise as a global high-tech player[4]- Chinadaily.com.cn

China Daily  

The 20th Beidou navigation satellite was launched in September 2015 in Xichang, Sichuan province. In the past five years, China's online retail market has surged from 1.3 trillion yuan to 5.2 trillion yuan, raising living standards in both big cities and villages, according to a report released this month by Alibaba's research unit. Market researcher eMarketer estimates that by 2020, …

Online retail sales in rural China up 38%
7 years, 5 months ago

Online retail sales in rural China up 38%

China Daily  

Workers of an online store arrange goods in Qingyanliu village, East China's Zhejiang province, Dec 28, 2015. HANGZHOU — Online retail sales in rural China soared 38.1 percent year-on-year to 729 billion yuan in the Jan-Aug period, according to the China International Electronic Commerce Center. The growth rate for the first half of the year was also 38.1 percent, outstripping …

Online retail sales in rural China up 38%
7 years, 5 months ago

Online retail sales in rural China up 38%

China Daily  

Workers of an online store arrange goods in Qingyanliu village, East China's Zhejiang province, Dec 28, 2015. HANGZHOU — Online retail sales in rural China soared 38.1 percent year-on-year to 729 billion yuan in the Jan-Aug period, according to the China International Electronic Commerce Center. The growth rate for the first half of the year was also 38.1 percent, outstripping …

China's online sales reach 3t yuan in first half of 2017: report
7 years, 9 months ago

China's online sales reach 3t yuan in first half of 2017: report

China Daily  

The development of e-commerce in China has kept a fast pace, with total online sales volumes from December 2016 to May 2017 reaching 3 trillion yuan for the first time, according to a semi-year report by the Chinese Academy of Social Sciences. The report also shows the proportion of online retail sales in China, as part of total retail sales …

China's online sales reach 3t yuan in first half of 2017: report
7 years, 9 months ago

China's online sales reach 3t yuan in first half of 2017: report

China Daily  

The development of e-commerce in China has kept a fast pace, with total online sales volumes from December 2016 to May 2017 reaching 3 trillion yuan for the first time, according to a semi-year report by the Chinese Academy of Social Sciences. The report also shows the proportion of online retail sales in China, as part of total retail sales …

Chinese e-commerce adapts to new consumption trends
7 years, 9 months ago

Chinese e-commerce adapts to new consumption trends

China Daily  

Chinese e-commerce adapts to new consumption trends Xinhua | Updated: 2017-06-16 16:53 BEIJING - As Chinese consumers become increasingly affluent and sophisticated, the country's e-commerce companies are catering to new consumption patterns to grab a larger market share. In addition to quality upgrades, e-commerce giants in China are also looking at physical retail stores, trying to integrate online and offline …

E-commerce giants gear up for mid-year shopping bonanza
7 years, 9 months ago

E-commerce giants gear up for mid-year shopping bonanza

China Daily  

An employee works at a JD.com logistic centre in Langfang, Hebei province, November 10, 2015. BEIJING - Online marketplaces in China are busy preparing for the mid-year online shopping event as they must work harder to woo affluent and sophisticated consumers. Xiaomi also started a promotion campaign offering discounts for most of its products, while Alibaba's Tmall decided to launch …

Leading Chinese chain stores see waning sales growth
7 years, 10 months ago

Leading Chinese chain stores see waning sales growth

China Daily  

BEIJING - Sales revenue by China's 100 largest chain stores rose by a meager 3.5 percent year on year to 2.1 trillion yuan, while industry leaders cut operational costs to improve profitability, according to a recent industry report. This rate represented the slowest gain since the China Chain Store and Franchise Association began publishing the figures in 1998, which came …

Leading Chinese chain stores see waning sales growth
7 years, 10 months ago

Leading Chinese chain stores see waning sales growth

China Daily  

BEIJING - Sales revenue by China's 100 largest chain stores rose by a meager 3.5 percent year on year to 2.1 trillion yuan, while industry leaders cut operational costs to improve profitability, according to a recent industry report. This rate represented the slowest gain since the China Chain Store and Franchise Association began publishing the figures in 1998, which came …

Online shopping sees steady growth in rural China
7 years, 10 months ago

Online shopping sees steady growth in rural China

China Daily  

A delivery guy transports goods for the upcoming "Double Eleven" online shopping festival in Wantou village, Boxing county, Binzhou city, East China's Shandong province, on November 9, 2016. BEIJING - Online shopping continued to report healthy growth in rural China thanks to governmental promotion of rural e-commerce, the Ministry of Commerce said Thursday. Online transactions in rural areas rose 36.6 …

China's retail sales up 10% in Q1
7 years, 11 months ago

China's retail sales up 10% in Q1

China Daily  

BEIJING — China's retail sales rose 10 percent year-on-year in the first quarter of the year, 0.4 percentage points less than the whole of last year, official data showed Monday. In March, total sales of consumer goods rose 10.9 percent year-on-year, 1.4 percentage points faster than the first two months, which rose 9.5 percent year-on-year, the first time for growth …

China's retail sales up 10% in Q1
7 years, 11 months ago

China's retail sales up 10% in Q1

China Daily  

BEIJING — China's retail sales rose 10 percent year-on-year in the first quarter of the year, 0.4 percentage points less than the whole of last year, official data showed Monday. In March, total sales of consumer goods rose 10.9 percent year-on-year, 1.4 percentage points faster than the first two months, which rose 9.5 percent year-on-year, the first time for growth …

DBS says technology poses major challenges for vast retail market
8 years, 1 month ago

DBS says technology poses major challenges for vast retail market

China Daily  

An LG smart TV is shown at a home appliances exhibition in Nanjing, Jiangsu province. WANG QIMING / FOR CHINA DAILY Ever-changing technology and booming e-commerce will continue to be a game changer for the vast retail market in the Chinese mainland, with some industries jumping on the bandwagon of sustainable growth while other sectors feeling sustained pressure and struggling …

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