China's big
Release time:2024-05-21 07:13:34
BEIJING, April 19 (Xinhua) -- Chinese consumers' spending on big-ticket items such as cars, home app 。
BEIJING, April 19 (Xinhua) -- Chinese consumers' spending on big-ticket items such as cars, home appliances, and furniture expanded while spending on services consumption rose quickly in the first quarter of this year, the Ministry of Commerce (MOC) said on Friday. During the period, new car sales reached 6.72 million units in the country, up 10.6 percent year on year, with sales of new energy vehicles surging 31.8 percent, said Xu Xingfeng, director of the market operation and consumption promotion department of the MOC at a press conference in Beijing. Xu said retail sales of building materials also reversed contractions seen at the end of last year and grew 2.4 percent in the first quarter. "The per capita consumption expenditure on services increased by 12.7 percent year on year, accounting for 43.3 percent of the per capita consumption expenditure," Xu said, adding that the country's catering sector revenues reached 1.34 trillion yuan (188.61 billion U.S. dollars) in the period, up 10.8 percent. The official said that the national online retail sales stood at 3.3 trillion yuan in the first quarter, up 12.4 percent, with online retail sales of physical goods valued at 2.8 trillion yuan, an increase of 11.6 percent. Xu said the ministry has introduced measures this year to boost the trade-in of consumer goods, digital consumption, catering consumption, rural e-commerce, and recycling of renewable resources, adding that the ministry will also carry out more promotional activities to boost consumption of key items such as vehicles, home appliances, and furniture.
(Editor:Fu Bo)
Related articles
Four people killed in a house explosion in southwestern Missouri
GOODHOPE, Mo. (AP) — Four people in rural Missouri died when an explosion that could be heard 10 mil2024-05-21Williamson to lead New Zealand at the Twenty20 World Cup; Southee to make his 7th appearance
WELLINGTON, New Zealand (AP) — Veteran seamer Tim Southee will play at his seventh Twenty20 World Cu2024-05-21Nicaragua severs diplomatic relations with Ecuador after assault on Mexican embassy
Nicaragua on Saturday severed "all diplomatic relations" with Ecuador, following the assau2024-05-21Spanish city of Barcelona celebrates day of books and love
Thousands of people were on the streets of the northeastern Spanish city of Barcelona on Tuesday for2024-05-21NBA playoffs: Edwards leads Wolves to 98
DENVER (AP) — Anthony Edwards overcame a slow start and the Timberwolves roared back from a 20-point2024-05-21Scarred UNESCO World Heritage site Jiuzhaigou recovers after quake
This file photo taken in 2020 shows Pei Xiangjun and his team providing instructions on the usage of2024-05-21
atest comment