According to the website of the Ministry of Commerce, the person in charge of the market operation department of the Ministry of Commerce recently introduced the operation of the Chinese consumer market in October 2017. In October, the national consumer market maintained steady and rapid growth, with online and offline retail businesses showing good momentum of development. Consumer prices have risen.

According to the data from National Bureau of Statistics of China, the total retail sales of social consumer goods reached 3.42 trillion yuan in October, up 10% over the same period of previous year, unchanged from the same period of last year. January-October cumulative increase of 10.3%, unchanged from a year earlier. The retail sales of 5,000 key enterprises monitored by the Ministry of Commerce increased by 5.0% in October from a year earlier, accelerating 0.2% and 0.4% respectively over September and the same period of last year. January-October cumulative increase of 4.7%, an acceleration of 0.9 percentage points over the same period the previous year.

The head of the Department of Market Operations of the Ministry of Commerce pointed out that in October the national consumer market maintained a steady and rapid growth with the following main features:

First, online and offline retail sales have shown a good momentum of development. Retained online retail growth. According to the statistics of the National Bureau of Statistics, the online retail sales of national physical goods in January-October totaled 4.2 trillion yuan, up 28.8% over the same period of previous year, accounting for 14% of the total retail sales of social consumer goods, up 2.3 percentage points from the same period of last year. Physical retail sales growth generally accelerated. In October, MOFCOM's key monitoring enterprises such as shopping malls, convenience stores, supermarkets and department stores increased their sales by 8.1%, 7.8%, 4.5% and 3.4% respectively over the same period of previous year, accelerating 1.9%, 0.7% and 1.1% 1.0 percentage points.

Second, the long holiday driving service consumption and some commodities sales. In October, the national catering revenue was 385.3 billion yuan, an increase of 10.3% over the same period of last year and 0.3 percentage point more than that of the same period of last year. The national film box office revenue was 5.14 billion yuan, up 40.7% over the same period of last year. During the "Golden Week", domestic tourism revenue was 583.6 billion yuan, receiving more than 700 million domestic tourists, up 13.9% and 11.9% respectively over the same period of the previous year. Meanwhile, sales of basic and upgraded products accelerated. In October, Among the value categories of goods sold, the sales of foodstuffs and apparel increased by 9.6% and 8.9% respectively over the same period of last year, accelerating by 1.8 and 1.9 percentage points respectively from that in September. Sales of sports and recreational articles, cultural and office articles and cosmetics increased by 19.6% %, 6.4% and 16.1% respectively, an acceleration of 6.5, 2.0 and 2.7 percentage points from the previous month respectively.

Third, consumer prices have risen. In October, the overall level of consumer prices rose 1.9% from a year earlier, an increase of 0.3 percentage point from the previous month; a slight increase of 0.1% from the previous month and a decrease of 0.4 percentage point from the previous month. The prices of edible farm products in 36 cities monitored by MOFCOM rose by 0.2% in October, 0.7% less than the same period of last year and 9% respectively year on year, while the prices of edible agricultural products in January-October decreased by 3.5%.

The official said that with the steady development of the national economy to maintain a good momentum of development, steady improvement in quality and efficiency, production demand remained stable, employment continued to improve, the overall price stability, the consumer market is expected to post a steady and rapid growth in the whole year Expected goals can be successfully completed.