Combined retail sales value of home appliances and audio and video equipment plunged by 30% in the first two months, according to the latest statistics released by National Bureau of Statistics on March 16, 2020. It is shown that total retail sales value of consumer goods came to 5213 billion Yuan, a nominal decline of 20.5% year-on-year, of which vehicle-excluded retail sales value posted 4847.6 billion Yuan, a nominal down of 18.9% year-on-year.