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Economic Watch: Multinational retailers dig deeper into Chinese market with rosy prospects
The retail landscape in China remains vibrant and continues to draw global retail giants. In recent interviews with Xinhua, several leaders of multinational retailers expressed optimistic outlooks for the Chinese market as their companies actively strengthen their presence in the country.
January18,2024
China's retail sector maintains recovery steam
China's retail sector continued its recovery in July, with market confidence for future business staying at a stable level, an industrial survey showed.
August11,2022
China's retail, services sales boom during Dragon Boat Festival
China's sales of consumer goods and services expanded year on year during the Dragon Boat Festival holiday, and catering and hospitality sectors posted substantial recovery, official data showed.
June07,2022
Rural online retail sales in SW. China’s Yunnan Province hike 42.36 pct y-o-y in Q1
The rural online retail sales surged 42.36 percent year on year amounting to 15.96 billion yuan in southwest China's Yunnan Province in the January-March period, reported Yunnan Daily Tuesday.
May06,2021
Hong Kong's retail industry gears up transformation amid epidemic
In face of adversity, Hong Kong local retailers begin to seek breakthroughs in transformation.
August19,2020
Shanghai outlet stores see growing sales amid epidemic
Outlet stores in Shanghai have become one of the retail sector's bright spots amid the epidemic, reporting an average monthly sales growth of over 30 percent year on year since March.
August07,2020
Cucinelli to reopen its stores in China, the trend in the retail sector is reversing
From Apple to Nike, until Brunello Cucinelli and Abercrombie & Fitch. The decrease in infection cases in Asia is increasingly encouraging brands to reopen their stores on the territory. In the meantime, the stores located in Europe and Northern America are adapting to the quarantine measures.
March18,2020
More Chinese small retailers open for business amid epidemic
A growing number of China's small retailers are open for business as economic activities gradually resume amid the epidemic, data from digital payment platform Alipay showed.
February20,2020
Economic Watch: For China's retailing, it's business as unusual
Despite the easing of GDP growth, China's retail sales of consumer goods rose 8 percent to 41.2 trillion yuan (about 6 trillion U.S. dollars) in 2019, data from the National Bureau of Statistics (NBS) showed.
February03,2020
German retailers boost turnover for 10th year in a row
Consumer enthusiasm gave Germany's retailers a higher turnover in 2019 for the 10th consecutive year, according to an initial estimate released by the Federal Statistical Office on Monday.
January08,2020
TRA expects more stimulus measures in retail industry
Worawut Unjai, president of the Thai Retailers Association (TRA), predicted that Thailand's retail industry will maintain a lackluster growth rate of 2.8 percent in 2019, down from 3.2 percent last year.
December26,2019
China's wholesale and retail trade thriving
China saw steady expansion in wholesale and retail sector from 2014 to 2018, the fourth national economic census showed.
December05,2019
JD.com to roll out 100 mln new products in three years
Chinese e-commerce giant JD.com plans to roll out about 100 million new products including tailor-made items in the next three years as the company steps up product development innovation.
November20,2019
Fratelli Rinaldi is heading toward Chongqing to sell Italian food
In the next 18 months, the Made in Italy food importer based in Bologna will open three more stores in as many districts of the western Chinese city. The alliance started in 2017 with Chic - a Chinese investment group that is also active in retail - has been a key move.
August23,2019
Walmart to add 100 stores in Guangdong in next 5 years
Retail giant Walmart is expected to add 100 new stores in south China's Guangdong Province in the next five years, according to Monday's Shenzhen Special Zone Daily.
August20,2019
Suning Xiaodian's instant delivery reaches 18 mln customers in "818" shopping festival
According to statistics, as of 18:00 PM on Sunday, the instant delivery service of around 6,000 convenient stores called Suning Xiaodian has reached 18 million customers' doorsteps in the country.
August20,2019
Macao's restaurant, retail business performance improved in May
The business performance of restaurants and retail trade in China's Macao Special Administrative Region (SAR) improved in May 2019 due to the Labour Day holiday, the SAR's statistic service said here on Thursday.
July18,2019
China's retail sales up 8.4 pct in H1
China's retail sales of consumer goods rose 8.4 percent year on year in the first half of 2019 to 19.52 trillion yuan (2.85 trillion U.S. dollars), the National Bureau of Statistics (NBS) said Monday.
July15,2019
Online retail sales soar in China's rural areas
Online retail sales across China's rural areas experienced tremendous growth last year, the Ministry of Commerce (MOC) said Thursday.
February22,2019
China's retail sales up 9 pct in August
China's retail sales of consumer goods grew 9 percent year on year in August, official data showed Friday.
September17,2018
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