Chongqing total retail sales rank among China's top in 2020

Collaborative promotional events

In the automobile industry, a special business development fund was set up to encourage replacements and upgrades, a move which saw the value of annual auto sales invoices increase by 13 percent year-on-year, as retail sales registered by scale automobile enterprises amounted to 102.09 billion yuan, an increase of 6.8 percent.

Major retailers Chongqing Department Store, Suning, and GOME, organized home appliances trade-in promotions throughout the municipality and sold over 36,000 item products with a total sales of 210 million yuan. The sales of scale household appliance enterprises totaled 26.866 billion yuan, to increase of 0.7 percent on the previous year.

Collaboration between government and enterprise, districts and counties, as well as business, travel, and culture was undertaken to integrate online and offline platforms, such as themed events the golden autumn consumption festival. More than 60,000 online and offline companies were mobilized through over 12,000 various promotional activities, where consumer vouchers worth nearly 500 million yuan were issued to drive market recovery and recoup lost earnings.