Retail Sales Decline In Argentina In 2014

According to the Argentina Association of small and medium enterprises (CAME), an analysis of the sales volume of about 900 retail businesses in Argentina indicates that Argentina's retail industry in 2014

Compared with the 6.5% in 2013, it has been shrinking for three consecutive years, reflecting the decline of the economy and the decline in purchasing power.

Another CAME further analysis pointed out that the whole

Sales were in decline, with the most serious impact on real estate, which was 15.8% lower than that in 2013. Secondly, the "tires" decreased year by year by 9.7%, electronic and electrical appliances 8.4%, hardware 7.7%, toy 6.9%, and so on.

6.4%, etc.

CAME said consumers control consumption budgets in 2014, plan consumption priorities, and grasp the financing opportunities of instalments and market discount.

In addition, due to the impact of inflation, wage income has thinned. Consumers are more cautious about purchasing decisions and spend money on cutting edges. For example, training large supermarkets to provide discounts and repurchases habits, so the retail sales of community grocery stores and other retail businesses are all changed by consumption habits.

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According to the relevant person in charge of the District Management Committee, these 6 projects are major construction projects around the three leading industries of aviation logistics, high-end manufacturing and modern service industry, with a total investment of 3 billion 850 million yuan.

It includes 4 industrial projects: China (Zhengzhou) international commodity trading center, Cloud Computing Technology Park cloud computing industrial base, Huayi Industrial Park standardized factory building, electronic industrial park, and 2 social undertakings: Henan food and drug medical device testing and testing center, and port area elderly project.

Among them, the most "weightier" than the 1 billion yuan investment in China (Zhengzhou) international commodity trading center project.

The project covers an area of 109 Mu and a building area of about 110 thousand square meters. It mainly builds import display areas including wine, food, building materials, luxury goods, medicine, machinery and electricity, etc.

Upon completion, it will become a public service platform for international commodity trading, which integrates sales, logistics, warehousing and network functions.

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Huang Qing, deputy director of the experimentation area of Zhengzhou airport, told reporters that the fixed assets investment in the air port area in 2013 amounted to 20 billion yuan, and this figure doubled to 40 billion yuan in 2014.

"It seems that the situation is good now. As of the end of November, 90% of the projects have been completed, and a number of projects have been started in December."

Why are there many major projects in the port area recently? Huang said that in 2013, the port area completed large-scale investment. When the projects landed in 2014, landing in time could lay a good foundation for the next industry development.

He also revealed that the fixed investment in the port area in 2015 will grow by no less than 50%.

"The airport port is in a period of rapid development. In addition to some large-scale industrial projects, roads, water, electricity, gas, heating, housing, education, medical care, old-age care, civic centers, parks, sports facilities, cultural and entertainment facilities need matching and follow-up."

Huang Qing said, "in recent years, the infrastructure construction of the port area needs to be maintained at a high speed, otherwise it will not meet the needs of development."