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Sales of consumer goods at domestic market increased
steadily. In 2002, the total retail sales of consumer goods topped
4 trillion yuan to reach 4.09 trillion yuan, up 8.8 percent over
the previous year. Of this total, the retail sales of consumer
goods in urban areas reached 2.59 trillion yuan, up 10 percent,
and those at and below county level were 1.5 trillion yuan, up
6.8 percent. In terms of different sectors, the sales of the wholesale
and retail industries reached 2.79 trillion yuan, up 9.2 percent;
the catering industry, 509.2 billion yuan, up 16.6 percent; and
other industries, 795.9 billion yuan, up 3.2 percent. The real
growth of total retail sales of consumer goods was 10.2 percent
if price factor was taken into consideration.
New
hotspots took shape in the consumption of telecommunications,
motor vehicles and related products, and the sales of household
electric and electronic appliances remained brisk. The total retail
sales of telecommunication equipment by wholesale and retail enterprises
above designated size rose by 69.2 percent over the previous year;
motor vehicles, by 73 percent; and electric and electronic appliances
for household use, by 14.6 percent.
The
China General Chamber of Commerce issued a white paper on China's
retail industry in 2002 at the end of the year. The paper stressed
that foreign capital is accelerating its entry into China's retail
market. Since the founding of the first Sino-foreign retail joint
venture, Shanghai-Yaohan, in 1992, 18 of the world top 200 retailers
have entered China. Foreign-invested retail businesses mainly
distribute in large and medium-sized cities, including Shanghai,
Beijing, Shenzhen, Guangzhou, Nanjing, Hangzhou, Jinan, Wuhan,
Chongqing and Tianjin. Statistics show that in 2002, China approved
another eight foreign-invested retail enterprises, including investments
from Carrefour and Auchan from France, Jusco from Japan and B&Q
from Britain, as well as the President Group from Taiwan and the
China Resources from the Hong Kong Special Administrative Region.
The number of registered trademarks kept growing
in 2002. In the 20 years since the implementation of the Trademark
Law, the number of trademarks registered in China increased from
90,000 in 1983 to 1.66 million in 2002.
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