Beijing Retail

Asian Cities

1H 2017

 

Economic overview
City-wide retail sales recorded an annual growth of 6.5% in 2016 to RMB1.1 trillion, although 0.8 of a percentage point (ppt) less than the increase in 2015. Online retail sales continued their strong momentum, registering a 20.0% YoY increase and accounting for 18.6% of total retail sales during the same period.

According to the latest data from the Beijing Municipal Statistics Bureau, urban disposable incomes per capita grew 8.4% YoY in 2016; expenditure per capita registered a growth of 4.4% YoY over the same period.

 
 

Key contacts

Simon Smith

Simon Smith

Senior Director
Research & Consultancy

Savills Two Exchange Square, 23/F

+852 2842 4573

 

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