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Consumer goods and services
Consumer Goods & Retail is the largest services sector, providing the necessary link between producers and final consumers. The sector has a major socio-economic role, being among the biggest employment generators and contributors to economic growth. It is highly heterogeneous, using a variety of formats and channels to meet the needs of the more sophisticated global consumer. In today’s digital era, the increasing penetration of everyday life by information and communications technologies is reshaping the purchase decision process. This promotes the rapid development of online retail solutions that enhance customer retention and create tailor-made experience through both digital and mobile platforms.
Activities associated with Consumer Goods & Retail are the manufacturing and retailing of goods intended for everyday use by end consumers. Examples include food, textile products, apparel and footwear, household goods, furniture, hygiene and personal care products, jewellery, toys and sporting goods. It also covers all retail channels, from traditional supermarkets and specialised stores to non-store ✱retailers such as e-stores, mail-order houses and direct selling establishments. Retail sale of fuels and vehicles is also included in this sector. 🐠
In the third quarter of 2021, China’s retail sales of consumer goods reached RMB 10,6༒15bn, which represented a y/y increase of 5%. The strong performance of the retail sector was mainly attributed to the higher income of the country‘s ...
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China’s automotive sector experienced a further decline in production and sales in Q3 2021—caused by shortages in car chips, which led manufacturers to curtail automotive production. Meanwhile, the costs of raw materials (includ🤡ing ...
极速赛车168开奖官网开奖:View more details