(1) GDP - Real (USD) - China (Annual) Economic Time Series Profile; (2) Retail Industry in China
Gross domestic product (GDP) at current prices in China from 1985 to 2023 with forecasts until 2029 (in billion U.S. dollars) Market Size of China Retail Sector Industry - The China Retail Sector Market size is estimated at USD 1.94 trillion in 2024, and is expected to reach USD 2.87 trillion by 2029, growing at a CAGR of 8.17% during the forecast period (2024-2029). - China's robust economic growth and rising disposable incomes have fueled consumer spending and driven expansion in the retail sector. - Internet retailing is the modern way of shopping. With the growing penetration of smartphones, mobile devices, and internet services, e-commerce emerged as a major shopping platform worldwide. The retail e-commerce market is driven by an increasing set of suppliers selling online and a change in consumers' buying behavior, among others. - Increased Disposable Income of People is Driving the Market Salient Points: - 1) How big is the Chi...
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