During the 2021 National Day Holiday, Sichuan has promoted
consumption through measures of "online + offline" and
"live-streaming + short video" etc. Online retail industries, such as
food, 3C products, travel and restaurant industries, drove the online retail sales
to an increasing growth rate. The growth can be reflected in five aspects:
I. Overall E-commerce Consumption Increases Steadily
Amid the holidays, the online retail sales in Sichuan have
reached 25.55 billion yuan, with a year-on-year (YoY) increase of 20.8%, 5.8
percentage points higher than the nationwide level and a rise of 10.7% compared
with the figure in the same period in 2019. The online service retail sales
have reached 18.48 billion yuan, with a YoY increase of 21% and have returned
to the pre-pandemic level. The online physical commodity retail sales reached
7.07 billion yuan, a year-on-year growth of 20.3%. Online consumption has grew
positively in various cities (prefectures), among which Chengdu had its sales
achieved 18.11 billion yuan, Leshan 1.89 billion yuan and Mianyang 940 million
yuan. Those cities ranked top three in Sichuan.
II. Urban-rural Integration Accelerates the Consumption
During the holidays, the urban online retail sales in Sichuan
have been up to 18.05 billion yuan, with a YoY increase of 20.4% and have
accounted for 70.6% of the overall consumption amount. And the rural online
retail sales have reached 7.51 billion yuan, with a YoY growth of 24.4% and 3.6
percentage points higher than the average level, and have accounted for 29.4%
of the overall consumption amount. This means that the gap between urban and
rural e-commerce consumption further narrows.
III. Online Commodity Consumption Thrives
During the holidays, the physical commodity sales have been
active in Sichuan and food, health supplements, 3C, household and agriculture
products have sold well. The online physical commodity retail sales has reached
7.07 billion yuan, increasing by 20.3% YoY and by 55.4% compared with the sales
in the same period in 2019. Mid-to-high-end environmental-friendly and
energy-efficient household products, such as sweeping robots and smart
dishwashers, were popular online. Meanwhile, the online retail sales of
agricultural products have reached 680 million yuan, increasing by 23.6% YoY.
Emei green tea, Panzhihua mangoes, Cangxi kiwis and Huili pomegranates were hot
products.
IV. Online Culture and Travel Consumption Grows Rapidly
During the holiday, the online travel retail sales have reached
6.83 billion yuan, increasing by 25.3% YoY, and recovered to the level of more
than 90% in the same period in 2019. The growth of the demand for suburb,
countryside, parent-child and research travel has accelerated, further
consolidating the restorative growth trend of the online service retail sales.
Jiuzhaigou, Chengdu Research Base of Giant Panda Breeding, Mount Emei and
Sanxingdui Museum ranked high in terms of attention index.
V. Online Restaurant Consumption Recovers Steadily
Amid the holidays, the online restaurant retail sales have
reached 6.7 billion yuan in Sichuan, increasing by 21.2% YoY, and the volume
has returned to the pre-pandemic level of more than 80%. Cost-effective
seasonal food has been launched to the market and the model of online
reservation and offline dining has been popular with consumers. The consumption
amount regarding themed restaurants has increased by 23.2% YoY. Restaurants
themed parent-child relationships and pets have enjoyed popularity in the online
restaurant retail market.