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Economy

China's retail sales up 3.5 pct in 2024

January 17, 2025


Abstract : China's retail sales of consumer goods, a major indicator of the country's consumption strength, climbed 3.5 percent year on year in 2024, official data showed Friday.

Customers select vegetables at a supermarket in Wuxi, east China's Jiangsu Province, Jan. 9, 2025. (Photo by Huan Yueliang/Xinhua)

BEIJING, Jan. 17 (Xinhua) -- China's retail sales of consumer goods, a major indicator of the country's consumption strength, climbed 3.5 percent year on year in 2024, official data showed Friday.

Total retail sales of consumer goods reached 48.79 trillion yuan (about 6.79 trillion U.S. dollars) last year, according to the National Bureau of Statistics (NBS).

In December alone, the retail sales of consumer goods rose 3.7 percent year on year, according to the NBS.

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Keyword: retail sales

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