China retail gross sales progress secure
In this article (4)
China retail gross sales grew 10.1 per cent yr on yr in Might based on knowledge from the Nationwide Bureau of Statistics.
Complete retail gross sales reached 2.42 trillion yuan, or US$396 billion, the bureau introduced.
General for the primary 5 months of 2015 retail gross sales grew 10.four per cent.
As in current months, retail gross sales progress in rural areas was stronger than in cities the place a maturity is turning into obvious.
Gross sales in rural areas rose 11.6 per cent each in Might and within the January-Might interval, whereas metropolis progress was 9.9 per cent for the month and 10.2 per cent for the 5 months.
Questions & Answers
Q.What was the total value of retail gross sales in China during May?
What was the total value of retail gross sales in China during May?
In May, China's total retail gross sales reached 2.42 trillion yuan. This figure is equivalent to US$396 billion, according to data released by the National Bureau of Statistics.
Q.How did retail sales growth in rural areas compare to cities in May?
How did retail sales growth in rural areas compare to cities in May?
Retail sales growth in rural areas was stronger than in cities. Rural areas saw an 11.6 per cent increase, while growth in cities was 9.9 per cent for the month.
Q.What was the overall retail sales growth for the first five months of the year?
What was the overall retail sales growth for the first five months of the year?
For the period covering January to May, overall retail sales in China grew by 10.4 per cent. This figure includes both urban and rural sales performance over the five-month duration.
Reader pulse
What does China's retail growth signal for Q3?
17,379 votes so far