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China's retail sales of consumer goods declined 19 percent year-on-year in the first quarter amid the novel coronavirus epidemic. Online sales stayed relatively stable as consumers turned to online shopping when staying indoors, falling 0.8 percent. Online sales of physical goods expanded 5.9 percent to 1.85 trillion yuan, accounting for 23.6 percent of the total retail sales in the first quarter.
China's sharing economy covers a wide range of fields, from life services such as travel and accommodation to industrial production, agriculture and other production.
China's rich people are now more conservative in terms of taking investment risks. According to the report, more of the mare opting for "wealth preservation" and "inheritance" as their major wealth targets, instead of "wealth creation", which was their focus back in 2009, reflecting changes in needs and values.
China's successful economic development has paved the way for the country's remarkable progress in many fields over the past years. The country's ever-increasing innovative power can especially be seen in the field of artificial intelligence. And what impresses me personally is the people driving this transformation. From what I experienced, the Chinese are eager to adapt to change and embrace it - and that is something I can definitely relate to. When it comes to our work here, we do not focus on technologies only.
China's retail sales rose 0.5 percent in August from a year earlier, while other economic indicators, including industry and investment, have all pointed to a more robust recovery, according to the National Bureau of Statistics.
来源：资阳报