Back    Zoom +    Zoom -
CN Total Retail Sales Expected to Surpass RMB50T This Yr: Minister of Commerce
Recommend
1
Positive
1
Negative
1
The consumption market of Mainland China remains the second largest globally, the Minister of Commerce Wang Wentao stated at the State Council Information Office's press conference on the "High-Quality Completion of the 14th Five-Year Plan" series.

Over the past four years, the annual growth rate of total retail sales of China averaged 5.5%, and it was expected to surpass RMB50 trillion this year, Wang said.

Related NewsIndustrial Production YoY for June in China is 6.8%, higher than the previous value of 5.8%. The forecast was 5.6%.

AASTOCKS Financial News
Website: www.aastocks.com