The Total Number Of Consumer Goods In China Ranks First In The World

The reporter learned today that, according to the statistics of the China Item Coding Center under the General Administration of Market Supervision, by the end of June 2024, the total number of consumer goods registered to use commodity bar codes in China has exceeded 200 million. According to the statistics of the International Item Coding Organization (GS1), the total number of consumer goods in China ranks first in the world.

The growth rate of consumer goods continued to increase. As the only product "ID card" logo of consumer goods, commodity bar code is the symbol of consumer goods entering the market. Every time an enterprise declares a commodity bar code data, it marks the birth of a new commodity. In the first half of 2024, 9.664 million new consumer goods were registered to use commodity bar codes, a year-on-year increase of 14.8%, and the total number of consumer goods reached 200847000. In combination with the number of new varieties of consumer goods in recent three years, 17.81 million new varieties will be added in 2021, a year-on-year decrease of 4.1%; In 2022, 16.471 million new species will be added, with a year-on-year decrease of 7.5%; 19.64 million new species will be added in 2023, up 19.2% year on year. The growth rate of consumer goods turned negative to positive in 2023, and increased by 14.8 percentage points in 2024 on the basis of the previous year, reflecting that China's consumer market, under the effect of a series of consumer promotion policies, has a strong business entity vitality, and the socio-economic recovery and development trend is dynamic enough.

The variety of consumer goods covers 92.8% of China's industries. According to the statistics of 97 major categories of national economic industry classification, consumer goods currently cover 90 major categories of industries, with a coverage of 92.8%. Among them,

There are four major categories of consumer goods in the tens of millions level, namely: 46.524 million in the textile clothing/shoes/hats manufacturing industry, 43.217 million in the wholesale industry, 37.386 million in the retail industry, and 11.557 million in the leather/fur/feather (down) and its products industry;

There are 17 categories of consumer goods in the million level, and the top five are: 8.52 million kinds of special equipment manufacturing 4.938 million kinds of textile industry 4.938 million kinds of food manufacturing industry, 4.858 million kinds of computer service industry 3.16 million kinds of chemical raw materials and chemical products manufacturing industry 。

The growth rate of consumer goods in the four major economic regions across the country exceeded double digits. According to the statistics of the four major economic zones in China, the total number of consumer goods in Northeast, East, Central and West China is 2.258 million, 184.289 million, 8.108 million and 6.192 million respectively, accounting for 1.1%, 91.8%, 4% and 3.1% respectively. Among them, the varieties of consumer goods in the eastern region account for an absolute proportion in the total national volume, including five provinces and cities with more than 10 million kinds of consumer goods, including 79.323 million in Guangdong Province, 33.351 million in Zhejiang Province, 24.655 million in Shanghai, 12.982 million in Fujian Province, and 12.916 million in Beijing. In addition, from the perspective of the growth rate of consumer goods varieties, the northeast region grew by 33% year on year, the eastern region grew by 10.1%, the central region grew by 27.4%, and the western region grew by 24.6%. The total number of consumer goods varieties in the four major economic regions of the country showed a double-digit growth trend, reflecting the strong consumer demand in each region and driving the coordinated development pattern of the consumer goods market.

(Source: CCTV News Client)