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County-level markets fuel robust growth in China's retail sector_我的网站

A |     New Delhi, Oct 20 (UNI) Function for the presentation of certificate of election to the newly elected Congress President Mallikarjun Kharge will be held on October 26, at the Congress headquarters, General Secretary KC Venugopal said.

The invites to the event include members of the Congress Working Committee, state Congress presidents, Congress legislative party leaders, MPs, office bearers, as well as former Chief Ministers, and ministers.

Kharge, a former railways and labour minister, was elected as the new President of the Congress on Wednesday defeating MP Shashi Tharoor.

At his first press conference after being elected, he said inflation, severe unemployment, the gap between the rich and the poor, and the hatred spread by the government in the country are some of the main issues that need to be addressed.

UNI AO BAV。    (ECNS) -- County-level markets have become a vital engine of China’s retail expansion, with sales nearing 20 trillion yuan ($2.77 trillion), a NielsenIQ report said Monday.    Counties now account for 43% of national FMCG sales and 67% of durable goods sales. Consumption is shifting from essentials to self rewarding purchases, with premium categories rising 16% and omni channel sales up 12.5% year on year.        Durable goods posted steady growth, and tech products’ average prices have climbed for three years.    The Ministry of Commerce and eight other agencies recently introduced 18 measures to boost county‑level consumption.    “County economies are moving toward urban‑rural integration and distinctive local development,” said Ding Na of NielsenIQ, noting the opportunities for retailers in smaller cities.    (By Helen Mo & intern Xu Wenda)                    。

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