China's retail sales up 8.1% in first 10 months

Xinhua
China's retail sales of consumer goods rose 8.1 percent year on year in the January-October period, the National Bureau of Statistics said on Thursday.
Xinhua

China's retail sales of consumer goods rose 8.1 percent year on year in the January-October period, the National Bureau of Statistics said on Thursday.

Total retail sales amounted to 33.48 trillion yuan (US$4.8 trillion). Excluding sales of automobiles, the growth rate reached 9 percent during this period.

Retail sales in rural areas rose 9 percent, outpacing the 7.9-percent expansion in urban areas.

Online sales continued to see robust expansion with a year-on-year rise of 16.4 percent, NBS data showed.

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