综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Global EditionASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Policies

10 out of 31 regions post double-digit growth in consumption

By Yu Xiaoming | chinadaily.com.cn | Updated: 2019-02-14 11:33
Share
Share - WeChat
People shop at a mall in Shanghai on Dec 31, 2018. [Photo/VCG]

Of China's 31 provinces, municipalities and autonomous regions, 10 maintained double-digit growth in consumption last year, 21st Century Business Herald reported.

Southwest China's Tibet autonomous region, with a growth rate of 14.2 percent, took the top spot nationwide, followed by East China's Anhui province (11.6 percent). Sichuan province and Yunnan province tied for third place with 11.1 percent.

Last year, a total of 13 regions saw their consumption growth below 8 percent. Some developed regions such as Beijing and Tianjin saw growth at 2.7 percent and 1.7 percent respectively, placing them at the bottom two of the chart of 31 provincial-level regions.

Meanwhile, Northeast China's Heilongjiang, Jilin and Liaoning provinces, as well as Northwest China's Xinjiang Uygur and Ningxia Hui autonomous regions, also saw slower growth rate of retail sales of consumer goods.

However, slower growth doesn't mean consumption was downgrading, the newspaper said.

According to the National Bureau of Statistics, last year, total retail sales of consumer goods rose 9 percent from a year ago to 38 trillion yuan ($5.66 trillion). Consumption played an increasingly bigger role in the economy, contributing 76.2 percent of GDP growth, up significantly by 18.6 percentage points from a year ago.

Ning Jizhe, head of the National Bureau of Statistics, earlier said that China's consumption structure is upgrading overall as people's income rise.

Consumption is expected to contribute to 65 percent of China's economic growth in 2019 and remain the largest contributor, said Wang Bin, deputy director of the Department of Market Operation and Consumption Promotion at the Ministry of Commerce, at a recent meeting.

The newspaper said residents in Beijing and Tianjin, with higher income level, have lower demand for durable consumer goods such as food. That reflects consumption structure is changing, as they are spending more money on goods and services other than food.

Engel coefficient, a measure of food expenditure as a proportion of total household spending, fell to 28.4 percent last year, down 0.9 percentage point from the previous year.

People are becoming more rational when buying, said Yang Xiaoyan, a professor at Guangdong University of Foreign Studies, adding that it shows consumption is maturing rather than downgrading.

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
墨脱县| 无锡市| 宜州市| 响水县| 垦利县| 阳泉市| 武宣县| 滨州市| 土默特左旗| 莒南县| 南宁市| 余庆县| 公安县| 天镇县| 富宁县| 张家界市| 隆德县| 枝江市| 米脂县| 锦州市| 白银市| 秦安县| 灵璧县| 车致| 哈尔滨市| 阿克苏市| 宣恩县| 五寨县| 聂拉木县| 溧阳市| 阳曲县| 泰宁县| 达拉特旗| 搜索| 龙川县| 韩城市| 马边| 大方县| 上栗县| 巴塘县| 郓城县|