• Linkdin

China's retail sector reaches 49.8% in July 2022: Report

11 Aug '22
1 min read
Pic: 123rf.com/ imtmphoto
Pic: 123rf.com/ imtmphoto

China’s retail sector remains steady in its path to recovery as its operations rose 0.8 percentage points over June 2022 to touch 49.8 per cent in July 2022, according to a report released by the China General Chamber of Commerce. The industrial survey’s results imply the Chinese market’s confidence regarding business stability in the future.

The China Retail Performance Index, which is the China General Chamber of Commerce’s other market confidence indicator, was at 50.2 per cent for August 2022 — staying flat in the month of July.

Expectations for consumption recovery continue to be stable as a result of COVID-19 prevention and control policies and pro-consumption measures, said the commerce chamber as per Chinese media reports.

Fibre2Fashion News Desk (NB)

Leave your Comments

Esteemed Clients

TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
TEXVALLEY MARKET LIMITED
TESTEX AG, Swiss Textile Testing Institute
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Taiwan Textile Federation (TTF)
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Stahl Holdings B.V.,
Advanced Search