Ministry of Commerce: In the first half of the year, the profit of key commodity markets increased by 9.6% year-on-year.

Head of the Department of Circulation Development of the Ministry of Commerce discusses the development of China's wholesale and retail industry from January to June 2026. Data shows that the wholesale and retail industries are operating steadily, and the business format structure continues to optimize. From the perspective of the wholesale industry, from January to June, the Ministry of Commerce focused on commodity market profits, which increased by 9.6% year-on-year, with industrial consumer goods profit totaling increasing by 11.6% year-on-year. In terms of the retail industry, according to data from the National Bureau of Statistics, from January to June, the retail sales of convenience stores and supermarkets in units above the quota increased by 6.6% and 3.8% respectively year-on-year, while the retail sales of warehouse member stores and unmanned stores exceeded 25% in year-on-year growth, and the retail sales growth rates of aggregation stores and shopping centers continued to accelerate. The original text: The head of the Department of Circulation Development of the Ministry of Commerce discusses the development of China's wholesale and retail industry from January to June 2026 From January to June 2026, the Ministry of Commerce thoroughly implemented the decision and deployment of the Party Central Committee and the State Council, innovatively promoted the construction of a modern commercial circulation system, and promoted the high-quality development of wholesale and retail industries. According to data from the National Bureau of Statistics, from January to June, the value added of China's wholesale and retail industry reached 7.2 trillion yuan, a year-on-year increase of 3.7%, accounting for 10.4% of GDP. The development of China's wholesale and retail industry is steadily advancing, providing strong support for comprehensively expanding domestic demand and building a strong domestic market. The wholesale and retail industry is operating steadily, and the business format structure continues to optimize. From the perspective of the wholesale industry, from January to June, the Ministry of Commerce focused on the profits of commodity markets, which increased by 9.6% year-on-year, with the total profits of industrial consumer goods increasing by 11.6% year-on-year. In terms of the retail industry, according to data from the National Bureau of Statistics, from January to June, the retail sales of convenience stores and supermarkets in units above the quota increased by 6.6% and 3.8% respectively year-on-year, while the retail sales of warehouse member stores and unmanned stores exceeded 25% in year-on-year growth, and the retail sales growth rates of aggregation stores and shopping centers continued to accelerate.