Gelonghui November 24 | Central shopping malls hit ups and downs, Sanjiang shopping surged 7%, and Chongqing Department Store, Renren, and Guofang Group followed suit. According to estimates by Yongxing Securities, online retail sales of physical goods in October were 130 million yuan, an increase of 3.7% over the previous year. Meanwhile, offline physical retail is also gradually improving. Among retail stores above the limit in January-October, convenience stores and department stores increased the most year-on-year, with year-on-year increases of 7.3% and 7.2%, respectively. As policies to boost consumption continue to gain strength, combined with consumer festivals such as “Double 12” and demand for New Year's goods purchases, residents' willingness to spend is expected to increase further.