Tianhe reports steady consumption growth in 1st 3 quarters

en.thnet.gov.cn Updated: November 2, 2026

Tianhe reported robust growth in consumer expenditure in the first three quarters of 2026, achieving total retail sales of consumer goods amounting to 161.23 billion yuan ($24.23 million), up 3.5 percent year on year.

This growth allowed the district to capture 19.3 percent of the city's overall consumer market, outpacing the national, provincial and municipal averages by margins of 2.4, 2.1 and 1 percentage points, respectively.

Online consumption continued its upward trajectory, with retail sales of physical goods above designated size via online channels rising 28.9 percent. Revenue from online catering services above the designated size grew 19.6 percent.

Sales figures for green and smart technology products performed notably well. Retail sales of new energy vehicles soared 48.4 percent, alongside a 50.9 percent uptick in the communication equipment sector. Basic living goods also posted stable growth, with beverages up 28.5 percent, tobacco and liquor up 13.1 percent and staples such as grain, oil and food up 10.4 percent.

The district also incentivized consumption through concerts and sporting events, hosting 46 concerts and more than 30 sporting events, including the National Diving Championships. These activities helped drive a 9.1 percent increase in revenue for cultural, sports, and entertainment enterprises above the designated size.