Ministry of Commerce: China's consumer market will rebound steadily in the coming months

　　China News Service, Beijing, October 21 (Reporter Li Xiaoyu) China's consumption has now resumed growth.

An official of the Ministry of Commerce of China said on the 21st that the consumer market will continue to recover steadily in the next few months, but it will take hard work to fully return to normal levels.

　　According to official data, the total retail sales of consumer goods in China in the third quarter increased by 0.9% year-on-year, and the quarterly growth rate changed from negative to positive for the first time this year.

Among them, the total retail sales of consumer goods in September increased by 3.3% year-on-year, achieving positive growth for two consecutive months.

　　Wang Bin, deputy director of the Department of Consumption Promotion of the Ministry of Commerce of China, said in an interview with reporters that the fourth quarter of consumption usually accounts for nearly 30% of the whole year, which is the traditional peak season for consumption in China.

Since October, the popularity of the Chinese consumer market has risen sharply, and sales have accelerated significantly. It is expected that the overall consumer market will continue to rebound steadily in the next few months.

However, due to the fact that the epidemic is still spreading around the world and other factors, it will take hard work to promote the full return of consumption to normal levels.

　　He said that next year is the first year of China's "14th Five-Year Plan", and consumption is expected to show a momentum of rapid growth.

In the medium and long term, China’s ultra-large-scale market advantages and domestic demand potential will be further brought into play and released. The fundamentals of steady consumption development will not change, the overall momentum of consumption expansion and quality upgrading will not change, and the general trend of long-term consumption growth will not change. Will change.

　　Wang Bin said that in the future, it will focus on key groups and areas to organize and implement consumption promotion activities, and set off a new upsurge in the consumer market at the end of the year.

In addition, it will also promote the implementation of policies and measures that have been introduced to promote consumption, and study and propose policies and measures to further promote consumption.

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