TRS 2016

In 2016, the total retail sales of consumer goods reached 33,231.6 billion yuan($5003.03 billion), up by 10.4 percent year-on-year. Of the total, the retail sales of consumer goods of units above a designated size totaled 15,428.6 billion yuan, an increase of 8.1 percent.

In December 2016, the total retail sales of consumer goods reached 3,175.7 billion yuan, up by 10.9 percent year-on-year (nominal growth rate. The real growth rate was 9.2 percent. The following are nominal growth rates if there’s no additional explanation). Of the total, the retail sales of consumer goods of units above designated size amounted to 1,694.5 billion yuan, up by 9.8 percent.

In terms of different areas, retail sales of consumer goods in urban areas generated 2,723.3 billion yuan in December, up by 10.9 percent, year-on-year; while those in rural areas brought in 452.4 billion yuan, up by 11.2 percent, year-on-year. In 2016, the retail sales of consumer goods in urban areas totaled 28,581.4 billion yuan, up by 10.4 percent year-on-year; while those in rural areas generated 4,650.3 billion yuan, up by 10.9 percent.

In terms of different consumption patterns, the catering services in December gained 335.2 billion yuan, up by 10.6 percent, year-on-year. Retail sales of goods gained 2,840.5 billion yuan, up by 10.9 percent. In 2016, the catering services gained 3,579.9 billion yuan, up by 10.8 percent, year-on-year; the retail sales of goods gained 29,651.8 billion yuan, up by 10.4 percent.

Revenue from retail sales of goods of units above designated size in December was 1,599.9 billion yuan, up by 10.0 percent year-on-year. In 2016, the retail sales amount of goods of units above designated size was 14,507.3 billion yuan, up by 8.3 percent year-on-year.

In 2016, the national online retail sales of goods and services brought in 5,155.6 billion yuan, increasing by 26.2 percent over the previous year. Online retail sales of physical goods were worth 4,194.4 billion yuan, up by 25.6 percent, accounting for 12.6 percent of the total retail sales of consumer goods; online retail sales of physical goods, food, clothing and other commodities went up by 28.5, 18.1 and 28.8 percent respectively.

Note:

Total Retail Sales of Consumer Goods(TRS)refers to the sale of physical commodities or the income from catering services sold or provided by enterprises (units) to individuals, social organizations for non-production and non-operation purposes.

Online retail sales refers to the sale of goods and services through public online trading platform (including self-built websites and third-party platform). Goods and services include physical goods and non-physical goods (such as virtual products and services).

The total retail sales figures for consumer goods include online retail sales of physical goods but exclude online retail sales of non-physical goods.