花辨直播官方版_花辨直播平台官方app下载_花辨直播免费版app下载

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Macro

Consumption industry will gradually recover: Commerce official

By Jing Shuiyu and Zhong Nan | chinadaily.com.cn | Updated: 2020-03-18 17:16
Share
Share - WeChat
Residents shop in a Wumart store for vegetables and other daily necessities. [Photo provided to chinadaily.com.cn]

The consumption industry is expected to gradually recover from the fallout of the epidemic in the long run, a senior commerce official said on Wednesday.

The COVID-19 epidemic has a relatively large short-term impact on consumption, but the influence should turn out to be moderate in the medium term, said Wang Bin, deputy director-general of the Market Operation and Consumption Promotion Department under the Ministry of Commerce.

The consumption sector will gradually recover, as the government policies' impact has gradually unfolded, Wang said at a press conference.

He said the contagion is a "severe test" on China's market and product circulation, but it won't change the trend of long-term stability and continuous upgrading of China's consumption.

According to the ministry, average daily sales of key retail enterprises monitored by the ministry in late February increased 5.6 percent compared to mid-February. In early March, their average sales climbed 0.5 percent compared to the same period last month.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE