Core Insights - Hubei Province's retail sales of consumer goods reached 15,185.87 billion yuan from January to July this year, showing a year-on-year growth of 6.2%, which is 1.4 percentage points higher than the national average [1] Retail Performance - The "old-for-new" policy has had a significant impact, with retail sales of home appliances and audio-visual equipment with energy efficiency ratings of 1 and 2 increasing by 72.2% [1] - Retail sales of smart home appliances and audio-visual equipment grew by 42.3% [1] - Furniture retail sales saw a growth of 62.6% [1] Quality Consumption - Retail sales of cosmetics increased by 14.5% [1] - Retail sales of sports and entertainment products surged by 68.2% [1] E-commerce Growth - Online retail maintained rapid growth, with retail sales of online goods increasing by 20.3% [1]