March 9 – China's inflation eased more than expected to 3.2% in February, the slowest pace in 20 months, the National Bureau of Statistics said. The rate was 1.3 percentage points slower than in the previous month. Food price gains expanded at a much slower pace of 6.2% in February.
March 8 - Chow Tai Fook Jewelry Group Ltd (HKG: 1929), a leading Hong Kong-based jeweler, expects sales of its gold rings and bracelets to continue to rise in China as it plans to open more than 500 stores there in the next four years despite slowing economic growth, Bloomberg reported.
March 6 – China's spending on luxury goods grew 25% to 30% in 2011, Bain & Co predicted. In 2010 Chinese consumers spent ¥212 billion on luxury goods, and name brands like Boss, Gucci, Burberry and Prada opened 160 stores in the country, Bain & Co added.
March 1 – Online retail sales in China jumped 66% to ¥784.93 billion in 2011; the growth rate was six times that of overall retail sales, according to a joint report by IDC and Alibaba Group, the nation's top e-commerce service provider.
March 1 – Turnover of China's deal-of-the-day websites grew 14.5% quarter on quarter to ¥23.7 billion in Q4 2011, according to Analysys International.
February 29 – L'Oreal said its revenue from China has cracked the ¥10 billion mark reaching ¥10.7 billion in 2011 after 11 years of growing at double-digit rates, including 18% in 2011.
February 29 – Turnover at China's deal-of-the-day websites surged 255% year on year to ¥1.35 billion in January, according to Tuan800.com, a site that collects information about group buy deals.
February 29 – Metro AG said it opened its 54th Chinese store and plans to open at least 10 stores in China this year. The German retailer opened five stores in the country in 2011.
February 28 – American Dairy Queen Corp said it plans to open 100 stores in China in 2012, down from 131 openings in the previous year . It was operating over 500 stores in the country as of the end of 2011.
February 27 – Better Life Commercial Chain Co (SHE: 002251), a Chinese supermarket chain, said it plans to open 80 stores in the next three years. It was operating 19 stores as of the end of 2011.
February 27 – Parkson Retail Group Ltd (HKG: 3368), a Chinese department store operator, said it opened six stores last year and plans to open eight this year.
February 22 – British retailer Tesco opened its 108th Chinese store in Tongxiang, Zhejiang province.
February 20 – Decathlon, a French sportswear and equipment retailer, said it plans to open 100 outlets in China in the next five years. It is currently operating 39 stores in the country.
February 20 – China will likely become the world's biggest diamond consumer by 2016, predicted Ari Epstein, CEO of Antwerp World Diamond Center.
February 17 – The number of cellphone users in China rose 14.8% to 986 million in 2011 and is projected to reach 1.11 billion by the end of this year, according to Analysys International. The number of 3G-backed cellphone users totaled 128 million last year.
February 17 – The 3,000 retailers tracked by the Ministry of Commerce saw their revenues grow 12.7% year on year in January, with sales of home appliances and vehicles down 10% and 4.8% respectively.
February 16 – China's online retail sales climbed 55% to ¥805.98 billion in 2011, according to Analysys International.
February 15 – Metro AG said it will open its first store in Yangzhou, Jiangsu province by the end of February. The German retailer currently operates 12 stores in 10 cities in the province.
February 14 – China's biggest 50 retailers saw their revenues grow 13.5% in January 2012, 21.1 and 23.6 percentage points slower than in January 2009 and January 2006, when the Chinese New Year also fell in that month, according to CNCIC, an information collector.
February 13 – Dairy Queen said it has opened its 500th Chinese store in Shanghai and plans to open 1,000 stores in the country in the next five years.
February 9 – Turnover of B2C transactions in China soared 130.8% to ¥240 billion in Q4 2011, according to Analysys International.
February 9 – China will capture a 20% share of the world market for smartphones priced below $200 by 2016, followed by India's 16%, Informa Telecoms & Media predicted.
February 9 – China's program to subsidize farmers who buy home appliances resulted in sales of 5.18 million items valued at ¥13.74 billion in January, down 32.5% and 25.7% respectively from a year ago, the Ministry of Commerce said.
February 9 – China's consumer price index unexpectedly rose to 4.5% in January from a year ago due to a spending spree during the weeklong Chinese New Year holiday, according to the National Bureau of Statistics. Food prices were up 10.5% year on year, stoked by pork prices, which shot up 25%.
February 8 – Ikea said it plans to invest ¥1 billion building a store in Qingdao, Shandong province, which is scheduled to be completed by the end of 2014. It is currently operating nine stores in China.
February 7 – China's retail sales are expected to grow 15% annually between 2011 and 2015, the Ministry of Commerce predicted. The amount was up 17.1% to over ¥18 trillion last year.
$1 = ¥6.33
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