China's retail sales up 4.6 pct in August
China's retail sales of consumer goods, a major indicator of consumption strength, went up 4.6 percent year on year in August, accelerating from the 2.5-percent increase in July, official data showed Friday.
The retail sales totaled 3.79 trillion yuan (about US$527.96 billion) last month, according to the National Bureau of Statistics. In the first eight months, the figure increased 7 percent from a year earlier.
The recovery of the consumer market picked up pace with rapid growth in service consumption, the NBS said in a statement.