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Shenzen : Retail Snapshot - Q2 2013

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Shenzen : Retail Snapshot - Q2 2013

In the first five months of 2013, Shenzhen’s aggregate retail sales totalled RMB166.4 million, representing a 6.2 percentage point decline in the yearly growth rate to 7.9%. Sales of motor vehicles increased by 7.5%, representing the first growth in twoyears but a reduction from the same period in 2010. Jewellery sales also grew, at a rate of 27.6%, due to abatement in the international gold price. 

Source : Cushman & Wakefield

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Keywords : Cushman & Wakefield