国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global EditionASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Industries

China sees fast growth in consumer goods market in 2017: report

Updated: 2018-06-27 22:59
Share
Share - WeChat
A woman chooses canned food at a supermarket in Qingdao, East China's Shandong province, Sep 9, 2016. [Photo provided for China Daily]

BEIJING - China saw rapid growth in the fast-moving consumer goods (FMCG) market in 2017 as growing middle-class consumers spent more on premium and healthier products, according to a report.

The total value for China's FMCG market grew by 4.3 percent in 2017, up 0.7 percent from 2016, said the report released on Wednesday by the consultancy Bain & Company and the consumer market research company Kantar Worldpanel.

Part of the fast growth is due to the rising disposable household income in China. According to the report, the compound annual growth rate for disposable household income per capita reached 8.2 percent over the past six years.

"As disposable income rises, China's ever-growing middle class consumers are spending more on premium and healthier products," said Jason Yu, general manager of Kantar Worldpanel and co-author of the report.

The report also highlighted key trends impacting China's FMCG market.

In 2017, China's FMCG e-commerce sales grew by more than 28 percent, accounting for about 10 percent of the total market turnover, while consumers in China's first-tier cities still have the highest online shopping penetration rate at 73 percent.

The sales of local FMCG brands grew by 7.7 percent in 2017, contributing to 98 percent of China's FMCG market growth, according to the report.

"Local brands have been outperforming foreign brands since 2012 in the FMCG market," said Bruno Lannes, China partner in Bains Greater China Consumer Products practice and co-author of the report.

Top
BACK TO THE TOP
English
Copyright 1994 - . 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
 
萨嘎县| 疏附县| 淮北市| 漳平市| 沈阳市| 三江| 祥云县| 营山县| 洛宁县| 朝阳市| 循化| 壤塘县| 北海市| 鹰潭市| 黎城县| 从江县| 淳化县| 南漳县| 曲沃县| 昭觉县| 舟山市| 临夏市| 浏阳市| 黑山县| 特克斯县| 松潘县| 清河县| 沙洋县| 兴仁县| 清苑县| 金华市| 潼南县| 台北县| 调兵山市| 小金县| 黄大仙区| 缙云县| 罗定市| 广河县| 江西省| 全州县|