Hey friends! Have you heard about what’s happening in China? π¨π³ People there are shopping more than ever before, and it’s super exciting! Let’s find out what’s going on. π
Big Numbers, Big Changes π
From January to November this year, people in China spent almost 45 trillion yuan (that’s about $6.25 trillion!) on things they need and love. That’s 3.5% more than last year! π²
Check out these cool facts:
- Online Shopping: Over 14 trillion yuan was spent online, which is up 7.4%! ποΈπ»
- In-Store Shopping: Shopping in person grew by 6.2%. π¬
- Fun and Services: Activities like eating at restaurants, staying at hotels, and enjoying art grew by 18.3%. ππ¨π¨
What Are People Buying? π
Lots of things! Sales of home appliances (like fridges and TVs), cars π, and home furnishings (like couches and beds) each went over 1 trillion yuan. That’s a lot of stuff!
Delivering Everywhere π
China has set up almost 3,000 e-commerce service centers all over the country. Now, over 100 million packages are delivered to and from rural areas every day! That’s helping everyone get what they need, whether they live in the city or the countryside. ποΈπ
Why Is This Happening? π€
The government is working hard to encourage people to spend and make shopping easier. They’re making plans to help businesses grow and to create more fun places to shop and things to do. ποΈπ‘
Looking Ahead π
With all these exciting changes, China’s consumer market is set to keep growing. Who knows what awesome new things we’ll see next year? Stay tuned! π
Reference(s):
cgtn.com