National Bureau of Statistics interprets the consumer market data for January-August: The consumer market operates steadily, and the trend of expansion and quality improvement continues.

According to the Zhitong Finance APP, on September 15, Yuan Yan, Chief Statistician of the Department of Trade and Economic Affairs of the National Bureau of Statistics, interpreted the consumer market data for January-August. Since the beginning of this year, the consumer market has maintained a development trend of expansion and quality improvement, with the market scale steadily expanding, the consumption structure continuously optimizing, retail sales of green and smart goods gaining momentum, online retail maintaining rapid growth, and new business forms and models flourishing. As market supply gradually improves in quality and expands in volume, consumption scenarios continue to innovate and expand, new consumption growth points are emerging and being cultivated, and the consumer market has maintained stable operation. From January to August, total retail sales of consumer goods and services increased by 2.5% year on year, of which service retail sales grew by 4.9% and goods retail sales grew by 1.0%, showing development characteristics of service retail improving in quality and goods retail expanding and upgrading.