Chinas retail industry sentiment index stood at 50.6% in September, reaching a new high in the past eight months.

In September, the China Retail Prosperity Index (CRPI) reached 50.6%, which not only increased by 0.5 percentage points compared with August, but also achieved a steady growth for two consecutive months. This marked an 8-month high since January this year. The trend of this data clearly indicates that under the multiple favorable factors such as the implementation and effectiveness of a series of consumption promotion policies, the gradual release of market demand, and the continuous recovery of enterprise operational vitality, the Chinese retail industry has shaken off the previous phase of adjustment and is entering a "stable and improving, gradually recovering" virtuous development path. The positive trend of industry development is becoming increasingly evident.

From the specific classification of the retail industry, the performance of different business models exhibits a distinct feature of "overall recovery and structural differentiation". The changes in various indices not only reflect the subtle adjustments in market demand but also reveal the transformation of development momentum within the industry.

Overall, the continuous rise of the China Retail Industry Health Index in September and the differentiated performance in various sub-sectors fully demonstrate the strong resilience and vitality of the Chinese retail industry. With the further implementation of subsequent consumption promotion policies, the continuous release of consumer demand, and the continuous improvement of the innovation capabilities of retail enterprises, the Chinese retail industry is expected to maintain a positive development trend and contribute more to the stable growth of the Chinese economy.