On August 17, Wang Guanhua, press spokesman of the National Bureau of Statistics and deputy director of the National Economic Comprehensive Statistics Department, said at the press conference of the State Information Office that extreme weather such as typhoons, torrential rain, and high temperatures was frequent in July, which had some impact on offline consumption in some regions. Overall, however, the growth in service consumption still showed strong stability. The growth rate continued to be faster than retail sales of products. From January to July, retail sales of services increased by 5.0%, which was 3.9 percentage points faster than retail sales of goods. The focus of consumer consumption changed from “buying products” to “enjoying services and focusing on experience.”

On August 17, Wang Guanhua, press spokesman of the National Bureau of Statistics and deputy director of the National Economic Comprehensive Statistics Department, said at the press conference of the State Information Office that extreme weather such as typhoons, torrential rain, and high temperatures was frequent in July, which had some impact on offline consumption in some regions. Overall, however, the growth in service consumption still showed strong stability. The growth rate continued to be faster than retail sales of products. From January to July, retail sales of services increased by 5.0%, which was 3.9 percentage points faster than retail sales of goods. The focus of consumer consumption changed from “buying products” to “enjoying services and focusing on experience.”