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Sales of large retail enterprises maintained steady and rapid growth in April 2010

In April 2010, the retail sales of my country's 100 large retail enterprises grew by 22.0% year-on-year, an increase of 9.4 percentage points from the same period last year. The market continued to maintain a good momentum of steady and rapid growth. From January to April, the cumulative growth rate of retail sales of 100 large retail companies reached 23.5%, an increase of 14.2 percentage points over the same period in 2009. In April, the retail sales of food, household appliances, daily necessities, and clothing rose sharply. The growth rate of food sales reached 25.6%, an increase of 18.0% over the same period last year; the clothing category increased by 23.6%, an increase of 12.5% u200bu200bover the same period last year; household appliances and daily necessities increased by 36.4% and 25.5%, respectively, year-on-year An increase of 19.5 and 16.2 percentage points. The growth of cosmetics retail sales remained stable, with a year-on-year increase of 20.6%, only 4.7 percentage points higher than the same period last year. In addition, the sales of other categories of goods also increased at different rates. After the state’s real estate regulation and control policies were promulgated, the sales growth of construction and decoration materials, furniture and other commodities related to the real estate market slowed down or even declined.

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