home > NEWS
Promotion Meeting Held in Hangzhou on Transformation and Upgrading of Wholesale and Retail industry
2018-10-15 09:47:15

On October 11, the provincial government held a promotion meeting in Hangzhou on transformation and upgrading of the wholesale and retail industry. On the basis of the release of the “Action Plan for the Transformation and Upgrading of Zhejiang Wholesale and Retail Industry (2017-2020)” in 2017, this year the province has also included the transformation and upgrading of the wholesale and retail industry into the ten action plans of enriching the people and strengthening the province, and specially issued the “Action Plan for the Transformation and Upgrading of Zhejiang Wholesale and Retail Industry (2018-2022)” which has put forward four major goals of building a strong logistics province, a strong e-commerce province, a large consumer province, and cultivating market players.
From the three-year action plan to the five-year action plan, why is it so important to upgrade this industry? Experts believe that as the basic pilot industry of the national economy, the wholesale and retail industry has an irreplaceable role in economy, society, culture and ecology. The transformation and upgrading of this industry is an inevitable requirement for deepening the structural reform of the supply side and accelerating the construction of a modern economic system; it is an objective necessity to actively expand domestic demand and enhance the fundamental role of consumption in economic development; it is an inherent demand to practice the people-centered concept and build a well-off society in all respects at a high level.
Over the past 40 years of reform and opening up, Zhejiang has created a series of miracles such as “Yiwu Model”, “All-Out Spirits”, “Zhejiang Brands” and “Global E-commerce”. Under the background of the new era, Zhejiang is continuing to promote the innovation of the format and mode, foster new kinetic energy, and transform and upgrad traditional kinetic energy. From January to August this year, the province's total retail sales of consumer goods reached 1,570.39 billion yuan, a year-on-year increase of 9.7%, higher than the national average and the annual target of our province respectively by 0.4 and 0.7 percentage points. The sales of wholesale and retail goods above designated size reached 3,941.48 billion yuan, a year-on-year increase of 16.7%. In the first half of the year, the province has invested 53.32 billion yuan in commercial and trade circulation, a year-on-year increase of 12.2%. It is estimated that the annual investment will exceed 100 billion yuan.
 

[Print] [Close]