Entity trade of Ningbo picking up

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Category: Ningbo Business

Published: Wednesday, 09 May 2018 11:04

It is learned from Ningbo Commission of Commerce that for the first quarter of the year, Ningbo achieved a goods sales volume of 590.34 billion yuan, up by 16.5% over the same period of last year, with the retial volume of social consumers' goods reaching 91.19 billion yuan, up by 10.6%.

In the first three months, the 15 department stores under the supervision of Ningbo Commission of Commerce achieved a total retail volume of 1.63 billion yuan, up by 13.1% over the same period of last year; that of the 10 convenient stores under supervision reached 120 million yuan, up by 0.1%; that of 372 specialty stores reached 10.05 billion yuan, up by 12.7%; while that of 260 exclusive shops stood at 8.33 billion yuan, up by 17.4%.

After the Spring Festival period, the offline activities of the business squares and business streets have attracted a large number of consumers and resulted in the increase of sales. According to a person in charge from the commission, in the following period, in accordance with the requirements of the "three-year action plan for the transformation and upgrading of whole and retail industries in Ningbo", Ningbo will encourage the entities to give full play to their offline advantages, and thus achieve an annual growth rate of over 10% for the goods sales volume and the retail volume of social consumers' goods by 2020