Parkson Retail Group Limited (SEHK:3368) Financials > Key Stats

 




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(1) GDP - Real (USD) - China (Annual) Economic Time Series Profile; (2) Retail Industry in China

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  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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