It's All about Retail
Nov. 19th-21st,Shanghai, China

The industry continues to be closely related to consumption, such as air transportation.


Chinashop will be held in Kunming from November 1st to 3rd
Recently, Zhao Qinghe, senior statistician of the Service Industry Research Center of the National Bureau of Statistics, interpreted the China Purchasing Managers Index in May 2018. He said that the performance of the service industry continued to improve, and the business activity index of the industry, which is closely related to consumption, such as air transportation, postal delivery, telecommunications, and Internet software, continued to be at a high level of 60.0%.
Zhao Qinghe pointed out that the non-manufacturing business activity index in May was 54.9%, up by 0.1% and 0.4% respectively from the previous year. Among them, the service industry business activity index was 54.0%, up 0.2% from the previous month, higher than 0.5% in the same period of last year, which was the second highest point in the year, indicating that consumption has a more obvious effect on the growth of the service industry.
Zhao Qinghe said from the industry category that the industry business activity index closely related to consumption, such as air transportation, postal express, telecommunications, Internet software, etc., continues to be in the high-level boom of more than 60.0%, and the expansion momentum is strong; business activities in traditional industries such as retail and accommodation The index is higher than the overall level of the service industry. On the other hand, although the business activity index of the capital market, resident services and other industries is below the critical point, the total business volume has declined, but from the market demand, the new order index is 50.4%, up 0.1% for two consecutive months. Above the critical point, the market demand remains expanding.