中国商业联合会：预计今年社会消费品零售总额将增长约4.5%

Group 1 - The report from the China Business Federation forecasts a stable growth of approximately 4.5% in China's retail sales of consumer goods by 2026, reinforcing the foundational role of consumption in economic development [1] - In 2025, China's total retail sales of consumer goods reached 50,120.2 billion yuan, marking a 3.7% increase from the previous year, while online retail sales amounted to 15,972.2 billion yuan, growing by 8.6% [1] - The contribution rate of final consumption to economic growth during the 14th Five-Year Plan period is around 60%, highlighting its ongoing significance as a main driver of economic expansion [1] Group 2 - The report indicates that the retail sales of goods in 2025 were 44,322.0 billion yuan, reflecting a 3.8% increase, while the catering revenue was 57.982 billion yuan, growing by 3.2% [2] - The catering market is expected to face operational challenges in 2025, with a trend towards more rational consumer spending and increased competitive pressure within the industry [2] - Green consumption is identified as a new driving force for economic growth, with expectations for it to enter a new phase of institutional and systematic development by 2026, characterized by market-driven dynamics and deep integration of digital and green initiatives [2]