China's Social Consumer Retail Sales Up 10% In October 2016
China's social consumer retail sales in October 2016 reached CNY3.112 trillion, representing a year-on-year nominal increase of 10% and actual increase of 8.8% if deducting price factors.
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Germany's Aldi Eyes Chinese Retail Entry
German supermarket chain Aldi plans to enter China and other Asian markets with Australia as its springboard in the hemisphere.
China's Social Consumer Retail Sales Up 10.2%
China's total social consumer retail sales in July 2016 were CNY2.683 trillion, representing a year-on-year nominal growth of 10.2% and the actual growth excluding price factors was 9.8%.
Home Appliance Subsidy Program Boosts Haier, Gree, Hisense Sales In China
In 2012, China's nationwide home appliances rural project subsidy scheme, excluding provinces and cities like Shandong, Henan, Sichuan, and Qingdao, achieved sales of 79.913 million units, a year-on-year increase of 22.6%; and the total sales…
Home Appliance Sales Continue Growth In 2011
According to China's Ministry of Commerce, sales of home appliances in the country's rural areas in January 2011 passed 10 million units in a single month for the first time.
Bank Aims To Provide Services In China's Rural Areas
China's B2B e-commerce group Alibaba and Shanghai Rural Commercial Bank have reached a comprehensive strategic cooperation agreement to jointly provide services to small- and medium-sized enterprises as well as farmers in rural areas in China.
American Coffee Giant Inks Chinese Coffee Bean Deal
U.S.-based Starbucks Coffee Company signed memorandum of understanding deals in China to assist local farmers to develop better sustainability practices.
Herbalife's Chinese Manufacturing Facility Will Complement Retail Activities
Herbalife Ltd. held a ground-breaking ceremony in Changsha, Hunan, for its state-of-the-art extraction facility for botanical extracts, powders and pure compounds to be used in its inner and outer nutrition products.
Fujian To Build 3,000 Rural Stores In 2010
According to reports in local media, Fujian province plans to build 3,000 rural retail stores in 2010, including 320 in Fuzhou and 666 in Zhangzhou.
China's Retail Sales Up 15% In First Half Of 2009
According to figures released by China's National Bureau of Statistics, China's retail sales in the first half of 2009 reached about CNY5.871 trillion, a year-on-year increase of 15%.