China’s retail boom index rises to 50.4% in April
BEIJING, 8 APRIL/WAM/ Data issued by the Chinese General Chamber of Commerce showed that the China Retail Trade Prosperity Index, which is considered a measure of retailers’ expectations for the sector, rose to 50.4 percent during the month of April, recording an increase of 0.3 percentage points compared to the month. the previous.
China Central Channel reported that the three main sub-sectors of the retail industry all recorded growth in April, with the sub-index for the goods sector reaching 50.3 percent, the rental sector reaching 50.2 percent, while the e-commerce sector index reached 50.8 percent.
The increase in these sub-indices indicates improved earnings growth expectations in April, along with continued stable growth in the physical commodity market.
These numbers also reflect the continued expansion of leasing companies, and improved expectations regarding investment and business in this vital sector.
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