By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser. A performance during the Suzhou Creek cultural festival, Shanghai, China, July 18, 2026. /CGTN Shanghai released its economic performance data for the first half of 2026 on Monday, showing that the city's consumer market continued to expand and remained firmly among China's leading "trillion-yuan" consumer cities. In the first six months of the year, Shanghai's total retail sales of consumer goods reached 831.97 billion yuan ($122.4 billion), up 0.7% year on year. Beyond the headline figure, the data also pointed to a broader transformation of the city's consumption landscape as services and emerging forms of consumption became increasingly important drivers of growth. Shen Weihua, director of the Shanghai Municipal Commission of Commerce, said that Shanghai is developing a cross-sector mechanism to connect different consumption scenarios. Under the initiative, tickets and admission passes for performances, sporting events, museums and exhibitions will be linked with shopping centers and businesses.
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