Retail volume sales of cigarettes fell more sharply in 2016, and retail current value sales dropped for the first time since 2002. Stricter enforcement of smoking control in public areas, increasing consumer health concerns, the slowdown of the macro economy and continued price hikes due to rises in taxation all impacted cigarette consumption in 2016. Although the national smoking ban regulations are still in legislative process, 18 major cities in China, including Beijing, Shanghai and ... Read more
