China intelligence network news: According to the statistics of the National Bureau of statistics, in October 2019, the total retail sales of social consumer goods totaled 38104 billion yuan, up by 7.2% compared with nominal growth (the actual growth of 4.9% was deducted from the price factors, the following is nominal growth except for special descriptions). Among them, the retail sales of consumer goods other than cars amounted to 34876 billion yuan, an increase of 8.3%. In 2019 1-10, retail sales of consumer goods totaled 334778 billion yuan, an increase of 8.1% over the same period last year. Among them, the retail sales of consumer goods other than cars amounted to 303066 billion yuan, an increase of 9%.

From the retail situation of shoes and caps and apparel, the total retail sales of shoes and hats and garments in 2019 October amounted to 115 billion 300 million yuan, down 0.8% compared with the same period last year. In 2019 1-10, the total retail sales of shoes and hats and clothing reached 10624 billion yuan, up 2.8% over the same period last year.

Total retail sales of footwear and apparel in China in 2019 and year-on-year growth rate

Source: National Bureau of statistics, China Industrial Research Institute

From the perspective of the growth of retail sales of footwear and clothing, the total retail sales of footwear and clothing in the 1-10 months of 2019 increased by 2.8% compared to the same period last year, which is 5.3 percentage points slower than that of the same period.

Growth of China's footwear and apparel retail sales and total retail sales of consumer goods in 2019

Source: National Bureau of statistics, China Industrial Research Institute

For more information, please refer to the "2019-2025 year Research Report on China's apparel industry market prospects and investment opportunities" issued by the China Industrial and Commercial Research Institute. At the same time, the China Industrial and commercial research institute also provides solutions such as industrial big data, industrial planning and planning, industrial park planning and industrial investment promotion.