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Fran?ais
Business
Home / Business / Policies

China's social consumption poised for strong rebound in 2021

By Liu Zhihua | chinadaily.com.cn | Updated: 2020-11-27 17:12
Share
Share - WeChat
Tourists shop at a duty-free shopping mall in Sanya, South China's Hainan province, on March 12, 2020. [Photo/Xinhua]

As domestic consumption recovery accelerates and new measures to expand the consumption are on the way, China's social consumption is expected to have a strong rebound in 2021, according to officials from the Ministry of Commerce on Friday.

Despite the impact of COVID-19 in the first quarter, the country's social consumption, especially that in commodities and key sectors such as automobiles, home appliances and catering, has been on stable recovery in recent months, as the country's strict prevention and control measures on the disease took effect, said Wang Binnan, vice-minister of commerce.

In October, retail sales climbed 4.3 percent year-on-year, up 1 percentage point from the 3.3-percent gain in September, and also another positive reading in a row of three months.

Although retail dropped 5.9 percent on a yearly basis during the January-October period, the decline was 5.5 percentage points less than that of the first half of the year.

Sales in automobiles surged 12 percent in October year-on-year, registering another round of double-digit growth for four concessive months.

The catering consumption also registered year-on-year growth of 0.8 percent in October, the first positive growth in the year.

Sales in home appliances and furniture expanded 3.2 percent and 1.9 percent in October from September, respectively, and the figure for construction materials was 3.7 percent.

Rural consumption also increased 5.1 percent year-on-year, up 1.1 percentage points from that in September.

Wang Bin, deputy director-general of the ministry's department of market operations and consumption promotion, said domestic consumption has stable fundamentals and will stably expanded, as the Chinese economy has become stabilized with an upward impetus.

Projected to be the only major economy with positive growth in the year, China has seen new consumption forms emerging and progressing, which support consumption upgrade and inject new momentum into consumption expansion, he said, adding examples of new models that integrate online and offline consumption.

Wang, the vice-minister, said China will introduce new measures to boost consumption, especially in commodities and key sectors such as automobiles, home appliances, furniture, construction materials and catering, as well as tap into rural consumption potential.

Great support will be given to expand automobile consumption, including adjusting restrictive measures on automobile purchases, stimulating the second-hand automobile market, and promote the use of new energy vehicles.

Measures also will be rolled out to promote consumption in home appliances, catering and other sectors, he said.

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
 
周口市| 柏乡县| 固原市| 陆良县| 垦利县| 临湘市| 沂水县| 万年县| 文化| 宣城市| 吐鲁番市| 邓州市| 普定县| 九台市| 砀山县| 仪陇县| 南溪县| 黄大仙区| 玛纳斯县| 卢湾区| 闵行区| 莫力| 祁连县| 银川市| 城口县| 文登市| 上蔡县| 东乌珠穆沁旗| 开封县| 海晏县| 汤原县| 林周县| 嘉兴市| 合山市| 芷江| 吉木乃县| 泾阳县| 张北县| 白沙| 得荣县| 衡南县|