ConsumerGoodsIndustryReport_书.pdfVIP

GUOSEN SECURITIES June 4, 2012 Industry Report Consumer Goods Industry: The Next 5-10 Years, There is No Best, Only Better . Investment Highlights： B U Y  Economic data released by the National Bureau of Statistics show that total retail sales of social consumer goods in the first half of 2012 is 9.8222 Consumer Goods Industry trillion yuan, a year-on-year increase of 14.4% in nominal terms. In 1991-2010, the total retail sales of Hong Kong stocks social consumer goods, an average annual increase of Amy.Wang 15.8%. According to the planning of the Ministry of 0755 Commerce, the total retail sales of consumer goods in il174@ China during the 12th Five-Year will double . The next 5-10 years, the total retail sales of social consumer goods in China will maintain rapid growth.  Data show that in 2011, Chinas per capita GDP reached $ 5,414, in accordance with the standards of the World Bank, China is in the forward stage from which low-income countries to Medium High income