Shenzhen: The total retail sales of consumer goods in the city reached 2403.17 billion yuan in the first quarter of this year, an increase of 3.1% year-on-year.

Since the beginning of this year, Shenzhen has shown a strong momentum in new consumption, with new consumption scenes and formats such as "Park+" and "Low-altitude+" emerging. New consumption models such as instant retail and live streaming have also accelerated, igniting a "new engine" for domestic demand. According to statistical data, in the first quarter of this year, the total retail sales of consumer goods in the city reached 240.317 billion yuan, a year-on-year increase of 3.1%. The growth rate increased by 1.4 percentage points compared to January and February, demonstrating resilience and vitality.