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Consumer Staples, Consumer Discretionary Aug 17, 2020 02:01 PM (GMT+8) · EqualOcean
According to the Beijing Municipal Bureau of Statistics, from January to July, the city's total retail sales of consumer goods reached CNY 698.84 billion, a year-on-year decrease of 15.6%. Among them, the online retail sales of the wholesale and retail industry and the accommodation and catering industry were CNY 222.04 billion, a year-on-year increase of 25.90%. In terms of consumption patterns, retail sales of goods were CNY 660.08 billion, a year-on-year decrease of 13%; catering income was CNY 38.76 billion, a year-on-year decrease of 44.40%.

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