Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Local

Guangdong's retail sales up 7 pct in Jan-May

June 28, 2019


Abstract : South China's Guangdong Province saw its retail sales grow 7 percent year-on-year in the Jan.-May period, local authorities said Thursday.

GUANGZHOU, June 27 (Xinhua) -- South China's Guangdong Province saw its retail sales grow 7 percent year-on-year in the Jan.-May period, local authorities said Thursday.

Total retail sales of consumer goods hit 1.7 trillion yuan (about 248 billion U.S. dollars) in the period, data from the provincial statistics bureau showed.

The growth pace was 0.3 percentage points higher than the growth in the first four months, signaling continued strength in consumption.

The province's retail sales of communication equipment rose 15 percent in the first five months, thanks to strong online sales during the May Day holiday.

As one of China's economic powerhouses, Guangdong recorded a 6.8 percent GDP growth to reach 9.73 trillion yuan last year. The province set a target of 6 to 6.5 percent economic growth this year.

Scan the QR code and push it to your mobile phone

Keyword: Guangdong retail-sales

Reading:

New Zealand's Zespri bullish about Chinese fruit market

Guangdong-Hong Kong-Macao Greater Bay Area becomes more financially convenient

Yangqu County, Alibaba team up to build agricultural products brand

Sichuan to craft new global display industry base

Alibaba's online marketplace Tmall reports record high sales in mid-year shopping spree

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial