Nine Government Departments Issue Document to Accelerate Retail Industry Innovation

中国证券报··Read original
2▲2 ▼0Impact / 5
Summary · why it matters

The Ministry of Commerce and eight other departments have issued guidelines to accelerate innovation in the retail industry, aiming to basically form a modern retail system by 2030 that features rational layout, high-quality supply, diverse formats, smart and convenient services, and orderly competition. The guidelines explicitly support strengthening, improving, and expanding retail enterprises, promote the concentration of resources and factors toward physical retail, and strengthen policy integration in areas such as land use guarantees, financing support, and tax and fee reductions. China's retail industry is at a critical stage of transitioning from scale expansion to high-quality development, and sectors such as warehouse membership stores, discount formats, and instant retail will see definite growth. A-share related concept stocks include Zhongbai Group and Yonghui Superstores.

Impact on assets 5

Others▲ · 5 stocks
Zhongbai Holdings Group Co Ltd
000759
▲ PositiveRegulationrelevance

Government guidelines support strengthening retail enterprises, benefiting Zhongbai Holdings as a retail concept stock.

Yonghui Superstores Co Ltd
601933
▲ PositiveRegulationrelevance

Government guidelines support strengthening retail enterprises, benefiting Yonghui Superstores as a leading retailer.

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