xinhua silk road logo xinhua silk road logo
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

maritime silk road search
Local

Guangdong's retail sales up 7.6 pct in Jan-July

September 04, 2019


Abstract : South China's Guangdong Province saw its retail sales grow 7.6 percent year-on-year in the January-July period, local authorities said Tuesday.

GUANGZHOU, Sept. 3 (Xinhua) -- South China's Guangdong Province saw its retail sales grow 7.6 percent year-on-year in the January-July period, local authorities said Tuesday.

Total retail sales of consumer goods hit 2.4 trillion yuan (about 334 billion U.S. dollars) in the period, according to the provincial statistics bureau.

The food and beverage industry has become the biggest engine driving the province's retail sales, which saw revenue growth of 10.2 percent year on year over the period.

The province's retail sales of gold and silver jewelry, office supplies, and traditional Chinese and Western medicines also saw growing revenue thanks to online sales and promotions.

Guangdong recorded a retail sales growth of 7.7 percent in the first half of the year. Communication equipment, traditional Chinese and Western medicines and office supplies all saw double-digit growth.

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:

Haier launches laundry appliances plant in Russia to further promote local dev't

Triboo thinks green to grow in the Chinese market

China's auto sales expected to rebound, consumption to improve

Chinese companies see promising market in Syria during Damascus int'l fair

Guandong focuses on Italian food pushing on e-commerce

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.

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 [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