The State Council ordered: 'convenience store drug sales' nationwide rollout!

On August 28, the General Office of the State Council issued the "Opinions on Accelerating the Development of Circulation to Promote Commercial Consumption" (hereinafter referred to as "Opinions"), which put forward 20 policy measures to stabilize consumption expectations and boost consumer confidence. Among them, it is clearly mentioned to accelerate the development of chain convenience stores, to carry out pilot procedures to simplify the approval of tobacco and Class B non-prescription drug operations. In other words, convenience stores selling drugs, to accelerate the country. According to data from the China Tobacco Industry Association, China has a total of 5 million small supermarkets, department stores, convenience stores, grocery stores and other retail outlets for everyday goods. But there may not be as many, but no less, if you count real convenience stores with modern operations and full services.

According to the latest China Convenience Store Development Report 2019 released by KPMG China and China Chain Store Association, there were more than 120,000 convenience store stores in 2018, with an industry growth rate of 19%. In other words, once all convenience stores nationwide sell drugs, at least 120,000 convenience stores will join the battle for the over-the-counter drug market.