The reporter learned yesterday from the Ministry of Commerce that since this year, China's innovation has promoted the construction of a modern trade circulation system and promoted steady growth in the wholesale and retail industries. In the first three quarters of this year, the value added of China's wholesale and retail industry reached 11.1 trillion yuan, an increase of 4.4% over the previous year. Looking at the wholesale industry, the total profit of the Ministry of Commerce's key commodities market increased 5.8% year on year. Among them, total profit from industrial consumer categories increased 8.5% year on year. Looking at the retail industry, retail sales of warehousing member stores and unattended stores above the limit all grew by more than 25% year-on-year. Retail sales in shopping malls grew by more than double digits, and retail sales in consolidated stores continued to accelerate. Urban and rural markets remain active, and trendy domestic products are widely popular. In the first three quarters of this year, passenger traffic and turnover of the country's 78 pedestrian streets and business districts monitored by the Ministry of Commerce increased by 5.3% and 2.5% year-on-year. Retail sales of consumer goods in counties and towns, including towns and rural areas, accounted for 39.1% of total retail sales of social consumer goods. Consumer goods trade-in continues to gain strength, driving rapid growth in retail sales of wearable smart devices and energy-efficient household appliances. Time-honored brands are active in consumption, and various events held in various regions have achieved direct sales of 1,302 billion yuan. Platform enterprise data shows that in the first three quarters, dine-in transaction volume of long-established Chinese catering companies increased 7.85% year over year.

The reporter learned yesterday from the Ministry of Commerce that since this year, China's innovation has promoted the construction of a modern trade circulation system and promoted steady growth in the wholesale and retail industries. In the first three quarters of this year, the value added of China's wholesale and retail industry reached 11.1 trillion yuan, an increase of 4.4% over the previous year. Looking at the wholesale industry, the total profit of the Ministry of Commerce's key commodities market increased 5.8% year on year. Among them, total profit from industrial consumer categories increased 8.5% year on year. Looking at the retail industry, retail sales of warehousing member stores and unattended stores above the limit all grew by more than 25% year-on-year. Retail sales in shopping malls grew by more than double digits, and retail sales in consolidated stores continued to accelerate. Urban and rural markets remain active, and trendy domestic products are widely popular. In the first three quarters of this year, passenger traffic and turnover of the country's 78 pedestrian streets and business districts monitored by the Ministry of Commerce increased by 5.3% and 2.5% year-on-year. Retail sales of consumer goods in counties and towns, including towns and rural areas, accounted for 39.1% of total retail sales of social consumer goods. Consumer goods trade-in continues to gain strength, driving rapid growth in retail sales of wearable smart devices and energy-efficient household appliances. Time-honored brands are active in consumption, and various events held in various regions have achieved direct sales of 1,302 billion yuan. Platform enterprise data shows that in the first three quarters, dine-in transaction volume of long-established Chinese catering companies increased 7.85% year over year.