search query: @author Guo, Shouzhong / total: 2
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| Author: | Guo, Shouzhong |
| Title: | The growth speed of consumer goods market not higher than that of 1998 (original in Chinese) |
| Journal: | China Market (c)
1998 : 12, p.11-12 |
| Index terms: | CONSUMER MARKETS CONSUMER GOODS CHINA |
| Language: | chn |
| Abstract: | The economic environments China is confronted with both at home and abroad are complicated, grim and full of restrictive and uncertain variables. It is estimated that the total retailing value of consumption goods in 1999 will increase by about 9 percent nominally than that of 1998, with the total value of 3200 billion yuan, which is equal to or slightly lower than that of 1998. The gap between the proportion of rural market to the total retailing value of 1999 and that of 1998 will be narrowed by 1 to 2 percentage points. Residents' consumption structure will undertake slow changes in 1999. The engel coefficient in 1999 will be lower than that of 1998 by about 1 percentage point, which is 50.5 percent. |
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