According to data from the National Bureau of Statistics, in 2024, the total retail sales of consumer goods reached 48,789.5 billion yuan, an increase of 3.5% compared to the previous year. By retail format, in 2024, the retail sales of convenience stores among retail units above the designated size increased by 4.7% compared to the previous year, while the retail sales of specialty stores and supermarkets increased by 4.2% and 2.7%, respectively; the retail sales of department stores and brand specialty stores decreased by 2.4% and 0.4%, respectively
