Since this year, the Ministry of Commerce has accelerated the improvement of the modern trade circulation system and promoted the high-quality development of the wholesale and retail industries. According to data from the National Bureau of Statistics, from January to June, my country's wholesale and retail industry added value was 6.8 trillion yuan, an increase of 5.9% year-on-year, accounting for 10.3% of GDP. my country's wholesale and retail industry has developed steadily and improving, providing strong support for all-round expansion of domestic demand and strengthening the domestic circulation.
The wholesale and retail industry is running smoothly and the business growth trend is good. From the perspective of wholesale industry, from January to June, the transaction volume of the Ministry of Commerce focused on the commodity market was 2.8 trillion yuan, of which the transaction volume of the industrial consumer goods and agricultural products market increased by 7.3% and 0.1% year-on-year. From the perspective of retail industry, according to data from the National Bureau of Statistics, in January and June, the retail sales of goods were 21.8 trillion yuan, an increase of 5.1% year-on-year. The retail sales of the five major business formats above the limit were all showing an increase, with year-on-year growth of 7.5%, 6.4%, 5.4%, 2.4% and 1.2% respectively.
The urban and rural markets remain active, and customer flow consumption has increased steadily. Urban commerce continues to grow. From January to June, the passenger flow and turnover of 50 pedestrian streets (business districts) nationwide, which the Ministry of Commerce focused on monitoring, increased by 5.2% and 3.4% year-on-year respectively. Up to now, a total of 5,510 convenient living circles have been built in 210 pilot areas across the country, serving 125 million community residents. The vitality of county and township markets has been enhanced. Up to now, a total of 155,000 commercial outlets of various types in counties and villages have been built and renovated nationwide. According to data from the National Bureau of Statistics, from January to June, the market size of county and townships accounted for 38.9% of the total retail sales of consumer goods. Rural e-commerce is booming. Business big data shows that from January to June, the national rural online retail sales increased by 6.2% year-on-year; the online retail sales of agricultural products increased by 7.0% year-on-year.
The old-for-new trade has achieved remarkable results, and domestic "trendy products" are very popular. Release consumption potential with old trade. Since the beginning of this year, more than 66 million consumers have purchased more than 109 million units of 12 major home appliances for new products, more than 69 million consumers have purchased more than 74 million units of digital products such as mobile phones. 82,000 sales stores across the country have launched old-for-new electric bicycles, and a total of 9.056 million new cars have been purchased. According to data from the National Bureau of Statistics, from January to June, the retail sales of household appliances and audio-visual equipment in units above the limit increased by 30.7% year-on-year, and the retail sales of communication equipment above the limit increased by 24.1% year-on-year. Time-honored products and services are widely favored. All localities continue to promote the 2025 "Time-made Carnival", achieving direct sales of 2.78 billion yuan, driving online and offline sales of 11.62 billion yuan. Data from platform companies show that in June, the dine-in transaction volume of Chinese time-honored catering companies increased by 25.2% year-on-year.
(CCTV reporter Liu Ying and Song Wan)

