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
Economy

China's retail sales up 2.5 pct in August

September 15, 2021


Abstract : China's retail sales of consumer goods went up 2.5 percent year on year in August this year, data from the National Bureau of Statistics showed Wednesday.

A customer buys edible oil at a supermarket in Qingzhou, east China's Shandong Province, Aug. 9, 2021. (Photo by Wang Jilin/Xinhua)

BEIJING, Sept. 15 (Xinhua) -- China's retail sales of consumer goods went up 2.5 percent year on year in August this year, data from the National Bureau of Statistics (NBS) showed Wednesday.

The country's retail sales of consumer goods totaled around 3.44 trillion yuan (about 533 billion U.S. dollars) in August, data from the NBS showed.

Retail sales in last month were 3 percent higher from the level in August 2019. The two-year average growth was 1.5 percent.

In the January-August period, retail sales gained 18.1 percent year on year and was up 8 percent from the same period in 2019, according to the NBS.

In the first eight months, the catering industry saw a year-on-year increase of 34.4 percent in revenue, as the hardest-hit sector continued to recover from COVID-19 disruptions.

Online consumption remained a bright spot, with online retail sales rising 19.7 percent year on year to reach about 8.12 trillion yuan in the Jan.-Aug. period. Enditem

Scan the QR code and push it to your mobile phone

Keyword: retail sales

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