Consumer goods and tourism retail sales statistics for Hainan Province, China in 2020

In the first three quarters, total retail sales of consumer goods in Hainan Province, China amounted to 133.78 billion yuan, down 5.2% year-on- year, and the rate of decline was 11.0 percentage points lower than with the first half of the year.


By type of consumption, retail sales of goods totaled 119.45 billion yuan, down 1.8% from 10.6 percentage points over the first half; catering revenue was 14.33 billion yuan, down 26.8% from the first half of the year, and a decrease of 16.0 percentage points less than in the first half of the year.


Sales of upgraded products grew rapidly. Automotive retail sales of oversize units have shown positive growth for six consecutive months, with a compound annual growth of 13.8%, up 14.2% in the first half; beauty products, sports and entertainment products, gold and silver jewelry Retail sales in the communications equipment category and category increased by 112.5%, 32.6%, 83.1% and 11.9%, respectively.


Tourism consumption continued to grow. In the first three quarters, the total number of tourists arriving in Hainan Province, China was 36,495,900, and tourism revenues were 45,220 billion yuan, up 65.2% and 63.9% over the same period last year.


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