Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
Tightening purse strings in trying times
Adjust font size:  ZoomIn ZoomOut

Han Yongguang, the managing director of Beijing Mansion Guiyou Co, which caters to higher-income consumers, should know.

"A growing number of middle-class customers are becoming more picky in their daily shopping," Han said.

"They seem to spend more time and take more care in choosing what they buy now than ever before," he added.

Impulsive buying has also given way to cool-headed bargain hunting.

"It is obvious that many customers are now buying only what they need and not what they want, and they tend to buy mainly items that are on sale," Han said.

 
Shoppers at a clothing store in Yakeshi, Inner Mongolian autonomous region. With the cost of food and other necessities rising since early last year, middle-class consumers are becoming more price-conscious.


Although retail sales show little sign of slowing down, retailers say customers are generally becoming more choosy about their purchases and trying to avoid items after a price hike.

Latest statistics compiled by National Bureau of Statistics showed that in the first six months of the year, the total retail sales in urban areas stood at 3.48 trillion yuan, up 22.1 percent from a year earlier.

Unsurprisingly, sales at department stores like Guiyou have not been as brisk as they used to be. Some have actually reported a slight decline in turnover in the past several months. The uncertain outlook has prompted many department stores and hypermarkets to trim their inventories of high-end goods in sync with customers' changing buying habits.

According to Han, sales in his department store showed a mild decline starting from early this year.

"The declining sales and a growing number of prudent shoppers make suppliers hesitant to place heavy inventories in our department store, but arrange supply according to the market situation," he added.

"I did not use to think much when I wanted to buy something I like," said Ge Baojia, a 28-year-old IT engineer in Beijing.

"I just went ahead and did it. But now I am spending more time on deciding which item to buy, hoping to strike a balance between quality and price."

In Dalian, Zhu Wei, a 27-year-old designer working in a Japanese advertising company, put it more specifically. In the past, she said she bought yogurt, her favorite food, whenever she felt the urge. But since the price of the dairy product has surged by more than 50 percent in the past months, she buys them only in bulk whenever there is a promotion at her neighborhood store.

"I feel I owe it to myself to purchase yogurt in a planned way to combat rising inflation," Zhu said.

Since then, she has extended her yogurt-buying strategy to the procurement of other basic necessities.

"I found that buying shampoo in large bottles is more economical than buying them in small packages, although it's going to take me forever to finish one big bottle of the stuff," she said.

     1   2   3    


Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- Inflation fight comes under pressure
- Inflation may drop to 7.1%
- Policy balance between inflation, growth sparks debate
- Most say inflation bearable
Most Viewed >>
- China raises export tax rebate for textiles to 13%
- Anti-monopoly law takes into effect
- Deadline day for online businesses
- Shanghai a top city for business
- Hainan to construct nuke plant
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
主站蜘蛛池模板: 久久精品国产亚洲AV果冻传媒| 免费一级毛片在线视频观看| 亚洲va欧美va| 波多野结衣电影区一区二区三区| 国产欧美在线观看一区| 中文乱码精品一区二区三区| 日韩欧美亚洲每的更新在线| 俄罗斯激情女同互慰在线| 美女被免费看视频网站| 国产免费午夜a无码v视频| 欧美另类第一页| 天天躁夜夜躁狂狂躁综合| 中文字幕中文字幕| 日产亚洲一区二区三区| 久久伊人精品一区二区三区| 波多野结衣办公室在线观看| 免费视频你懂的| 精品精品国产高清a级毛片| 国产漂亮白嫩美女在线观看| 456亚洲视频| 性刺激久久久久久久久| 丰满少妇高潮惨叫久久久一| 日本道色综合久久影院| 久久精品无码专区免费| 最近中文字幕网2019| 亚洲中文字幕伊人久久无码| 欧美成人性色xxxxx视频大| 喝丰满女医生奶水电影| 跪在校花脚下叼着女主人的鞋| 国产成人啪精品| 国产精品蜜芽在线观看| 国产浮力第一页草草影院| 六月婷婷中文字幕| 国产精品成人亚洲| 2019国产开嫩苞视频| 国产线路中文字幕| 777四色米奇欧美影院| 国产视频一区二区在线播放| 中文国产成人久久精品小说| 无码专区人妻系列日韩精品| 亚洲午夜国产精品无码|