风中的女王

County-level markets fuel robust growth in China's retail sector_我的网站

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A | Chinese President Xi Jinping on Wednesday extended congratulations to Andras Baka on his assuming the office as Hungary's president.
In his message, Xi said Hungary, one of the first countries to recognize the People's Republic of China, shares a long-standing traditional friendship with China.
Since the establishment of diplomatic relations 77 years ago, both countries have always adhered to mutual respect, equality, mutual benefit and win-win cooperation, and achieved remarkable results in collaboration across various fields, he said.
Xi said he attaches great importance to developing China-Hungary ties and stands ready to work with Baka to carry forward the traditional friendship, deepen mutual political trust and practical cooperation in all areas, and promote the steady and long-term development of the all-weather comprehensive strategic partnership for the new era between China and Hungary, so as to better benefit the two peoples.
。 (ECNS) -- County-level markets have become a vital engine of China’s retail expansion, with sales nearing 20 trillion yuan ($2.77 trillion), a NielsenIQ report said Monday. Counties now account for 43% of national FMCG sales and 67% of durable goods sales. Consumption is shifting from essentials to self rewarding purchases, with premium categories rising 16% and omni channel sales up 12.5% year on year. Durable goods posted steady growth, and tech products’ average prices have climbed for three years. The Ministry of Commerce and eight other agencies recently introduced 18 measures to boost county‑level consumption. “County economies are moving toward urban‑rural integration and distinctive local development,” said Ding Na of NielsenIQ, noting the opportunities for retailers in smaller cities. (By Helen Mo & intern Xu Wenda) 。