Retail sales of consumer goods:＞RMB 10 trln

Chinese Academy of Social Sciences(CASS)forecasted the retail sales of consumer goods in 2008 at RMB 10.67 trillion(about US＄1.57 trillion),up 12.8 percent as consumption grows. The figure would reach RMB 12.48 trillion in 2009,up 12.5 percent,said a report released by the CASS.

Effect of Rural Social Pension Insurance on Total Retail Sales of Consumer Goods

Based on data of 31 provinces of China in 2019 collected from the National Bureau of Statistics,this paper explores the impact of the number of urban employees’endowment insurance on the total retail sales of social consumer goods in different provinces in China.Taking the population,per capita disposable income,per capita life expectancy,and regional per capita GDP of each province as the variables,this paper establishes regression models to do the empirical research.The results show that:(1)The increase of the number of urban employees’old-age insurance has a significant positive impact on residents’consumption.The wider the coverage of old-age insurance,the more it can enhance the consumption confidence of the residents.(2)Due to the economic development,the level of urbanization has been greatly improved,leading to an increased birth rate and total population,and thus consumption has been driven.Therefore,the increase of the total population has a significant positive effect on the increase of the total retail sales of social consumer goods.(3)The increase of per capita disposable income has insignificant impact on the increase of total retail sales of social consumer goods due to residents’debt,the rise of house prices,the rapid widening of income gap between different groups,and the difficulty of meeting the various needs of people.(4)Although the increase of life expectancy per capita will lead to the decrease of total retail sales of social consumer goods,this decrease is not significant.(5)Per capita GDP will lead to a small increase in the total retail sales of social consumption.Finally,based on the above conclusions,some suggestions to stimulate consumption are given.

Enhancing the Performance of Consumer Goods Firms through the Equity Capital in Nigeria(2011-2021)

This study examined whether or not equity capital enhances the performance of listed consumer goods firms in Nigeria.The study purposively sampled fourteen(14)out of twenty-one(21)consumer goods firms listed on the Nigerian Exchange Group Plc.The study used secondary sources to obtain panel data from the annual financial statements of the selected companies.Data sourced for were analyzed using random effects model and arithmetical means.Findings from the study revealed that the coefficient of share capital is positive(0.903050)and statistically significant(p=0.0099<0.05),but the beta value of retained earnings is negative(−0.683966)and significant(p=0.0023<0.05)for listed consumer goods firms in Nigeria.The average results found that 45%and 7%of total assets of the firms were financed by retained earnings and share capital respectively.The study confirmed that the appropriate mode of finance that could be considered for the effective performance of the firms in Nigeria is the share capital.The study concluded that share capital enhanced the performance of firms while the retained earnings did not in the country.The research recommended that the government of Nigeria should try to rebrand its dead local enterprises especially the affected consumer goods firms to enable them to attract more foreign investors into the country to enhance its economic growth.

Statistical Analytical Study of the Impact of Consumer Awareness Among the Students of the Faculty of Business Administration at the University of Kuwait in Consumer Protection and Its Relationship to Some Economic and Social Characteristics

Kuwaiti youth is an importam element in the field of development in the Kuwaiti society, especially in the field of self- consciousness and social consciousness incident. As always said, that young Gulf inherently consumerist element of first degree because of abundant liquidity and reasonable level of income compared to others of non - Gulf societies. Therefore, this research aims to study and analyze the impact of consumer awareness among the students of the Faculty of Business Administration in consumer protection in terms of the current role and hoped to guide consumption and its relationship to some economic and social characteristics of the consumers. In particular it has been studying the impact of some of the qualifications for heads of Kuwaiti families, their total monthly income and their place of residency inhabited by the expressive factors of consumer awareness in college students as well as their impact on the degree of preference for quality of consumer goods in being a low-price, median-price or expensive-price. In addition, it has been studying the relationship of these social variables noted with the role of government and consumer protection associations through what they are doing to develop laws and policies directed to develop and educate consumers. To achieve these goals, a special questionnaire has been prepared especially for this purpose has been met from a random sample of students from the University of Kuwait. I have been using the appropriate statistical analysis to study these goals. Thus, some of the appropriate suggestions and recommendations are obtained to achieve the objectives of this research.

Cardboard Eco-Bundle as an Alternative for Collation Shrink Film

Due to increasing pressure on brand owners and distributors to avoid single use plastics such as plastic bundle packaging, a new bundle packaging that consists of corrugated board only, has been designed. Obviously this new packaging should equally enable transportability. This study compares the transportability of bundles using corrugated board on the one hand and bundles using plastic collation shrink film on the other. In particular, the resistance to varying horizontal inertial forces is compared experimentally. All tested bundle packagings of corrugated board perform well above expectations and significantly better than shrink film packaging. All additional requirements regarding marketing, durability, consumer convenience, …are met.

Protection No More

china’s traditional manufacturing industries are facing a desperate situation after the government slashed import taxes on some consumer goods,including skincare products and western suits,by more than 50percent on average from June1.Ye tan,a financial commentator,believes it’s bound todeal a heavy blow to domestic manufacturers reliant on low- price strategies. Excerpts of her arguments follow：

Chlorinated paraffins in the technosphere:A review of available information and data gaps demonstrating the need to support the Stockholm Convention implementation

Chlorinated paraffins(CPs)have been produced for a wide range of applications,mostly in open uses,such as metalworking fluids,lubricants,coolants or additives in consumer goods.The production volume is more than one million tonnes requiring control of the lifecycle of these persistent and bioaccumulative chemicals.In May 2017,the Stockholm Convention amended its Annex A to list short chain chlorinated paraffins(SCCPs)as a Persistent Organic Pollutant(POP).Additionally,a limit for the presence of SCCPs in other CP mixtures was set at 1%by weight.CPs can be released to the environment throughout their lifecycle.Therefore,the major objective of this review was to assess and compile information on SCCPs and other CPs regarding their lifecycle in the technosphere to support the Stockholm Convention implementation.A few studies have assessed CP production plants and contamination in the surrounding environments.However,there was no systematic investigation of release routes from production and no assessment of associated landfills,even though these are known major pollution sources at other organochlorine production sites.Some studies have reported that industrial areas,where CPs have likely been used,have elevated levels of CPs in sediments and soil.However,although CPs are largely released when used as metalworking fluids or lubricants,no systematic assessment of releases has been conducted at the thousands of sites where CPs are used in high volumes.Many CPs,mainly medium chain chlorinated paraffins(MCCPs)and SCCPs,are used as additives in the production of consumer goods,resulting in exposure risks.Levels above the European Union regulation for SCCPs of 1500 mg kg^-1 and up to approx.20%are frequently found.The end-of-life management of CP-containing products is difficult since no labelling requirement exists even for products containing SCCPs.The Stockholm Convention prohibits the recycling of SCCP-containing products,which will result in challenges recycling the impacted waste categories.The activities under the Stockholm Convention related to SCCPs,such as the inventory,phase-out,and management of impacted products,provide opportunities to address existing data gaps and challenges.Special attention needs to be given to developing countries with lacking analytical capacity as well as waste management and destruction capacity.

Why the Spending Spree?

In the first quarter,China’s retail sales of consumer goods totaled 8.58 trillion yuan（$1.25tril ion）,up by 10 percent over a year ago,according to the National Bureau of Statistics（NBS）on April 17.During this period,consumption contributed 77.2 percent to China’s economic growth.Days before the NBS figures were released,

A Laborious Matter

The labor market is important to the economy,as reflected by its impact on economic performance and the government’s decision-making process for related policies.Take the United States,for example, in which the unemployment rate maintained a steady decline from 8.9 percent in 2011 to 6.2 percent in 2014.