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China total retail sales of consumer goods by sectors

Wholesale and retail trade constitutes the major portion of the consumer goods. Motor vehicles, housing and telecommunication service will continue to be dominant while other products especially catering services will increase at a faster pace. There is an increasing trend in hotel and catering services and this trend will carry on. There is a direct correlation between the proportion of tertiary services in an economy and the level of development of the economy. This is an indication that China is on its way to building a more developed economy. Others include sales of books, newspapers, magazines, audio-visual products and post products. This sector of the consumer goods is reflected to have a downward movement over the years. This is due to saturation of such products in the market. If investors would want to enter this sector of the market, heavy differentiation would be necessary.

Below is the chart of China retail sales of consumer goods by sectors of wholesales and retail trade, hotels and catering services from year 1978 - 2011:

 

Related topics:

 

1. China total retail sales of consumer goods

2. China total retail sales of consumer goods by sectors

3. China retail sales of consumer goods by region

 

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