China National Commercial Information Center: In the first three quarters, China's consumer market continued to expand, and commodity retail achieved overall positive growth.

Zhitong Finance APP has learned that on October 23, the China National Commercial Information Center released an analysis of consumer market operations for the first three quarters of 2026. In the first three quarters, all regions and departments thoroughly implemented the special action to boost consumption, a series of consumption-promoting policies were successively implemented and took effect, and residents' service and experiential consumption grew rapidly, promoting generally stable operation of the consumer market and expansion with improved quality. In the first three quarters of 2026, China's total retail sales of consumer goods and services accumulated a growth of 2.6%, 0.1 percentage point faster than the January-August period. Total retail sales of consumer goods were 37,000.1 billion yuan, with cumulative growth of 1.1%. Among them, retail sales of consumer goods excluding automobiles were 34,057.4 billion yuan, up 2.8%. In September, total retail sales of consumer goods grew 1.1%, 0.7 percentage point faster than the previous month, among which retail sales of consumer goods excluding automobiles were 3,879.2 billion yuan, up 3.9% year on year, 1.4 percentage points faster than the previous month.