China’s retail sales rose 12 percent year on year to CNY23.66 trillion (USD3.87 trillion) in the first 11 months, the National Bureau of Statistics (NBS) said on Friday.
The country’s retail sales in November grew 11.7 percent from a year ago to CNY2.35 trillion, slightly up from 11.5 percent growth recorded in October.
China’s online retail sales continued to accelerate, soaring 55.9 percent year on year to CNY385.8 billion in the January-November period, based on the survey results of retail catering enterprises with large revenues.
For related articles, visit Shanghai Daily.
(Source: Shanghai Daily)