LinkieBuy and Health More, inspiration for Australian dietary supplements in Chinese market
With the popularization of vaccines, the impact of the epidemic on the Chinese economy has gradually decreased. According to the data released by the National Bureau of Statistics of China in September: In August, the total retail sales of consumer goods in China was 3,439.5 billion yuan ($533.794 billion), a year-on-year increase of 2.5%. From January to August, the total amount of retail sales was 28,122.4 billion yuan ($4364.46 billion), an increase of 18.1% year-on-year and an increase of 8.0% from January to August 2019. Year-on-year growth rate of total retail sales of consumer goods in China The total market size of consumer goods retail in China will reach 48 trillion yuan ($ 7449.37 billion) in 2021, making it the world's largest consumer goods market, according to relevant Chinese research institution. 1. Small changes in huge China market Although the direct impact of the epidemic on the Chinese consumer goods market is gradually decreasing, the consumpt...