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In many of Hong Kong’s major markets, Christmas sales performance is a bellwether for the retail business in the year ahead. Against the backdrop of a fragile and uneven global economic recovery, the US, Germany and the UK yielded better 2016 Xmas sales results among the developed markets. In the developing world, sales gains were attained in China and emerging Europe, while Latin American countries showed mixed fortunes. More

In many of Hong Kong’s major markets, the Christmas sales performance is a bellwether for the retail business in the year ahead. Reflecting a fragile and uneven global economic recovery, the 2015 holiday sales results varied from one country to another, especially in the case of the emerging markets, with better showings in China, Mexico, Hungary, Poland and the Czech Republic. In the developed world, sales gains were attained in all the major markets. More

Chengdu has been the economic, financial and commercial hub of western China since ancient times. In 2014, its GDP grew 8.9% year on year to Rmb1,005.7 billion. The city’s key economic indicators such as GDP, value-added by industrial enterprises above a designated scale, retail sales of consumer goods, per capita disposable income of urban residents, and amount of fixed asset investments are all top ranking among cities in the central and western regions. More

Suzhou is the largest economy among all cities in Jiangsu province. In 2014, its GDP reached Rmb1,376.1 billion, representing 21% of the provincial total, or a year-on-year real growth of 8.3%. Based on permanent population, per capita GDP has reached Rmb130,081. The industrial sector plays a key part in the local economy, accounting for 51% of total GDP. More