China’s retail sales grew 4.8 per cent in January–July 2025, with July sales up 3.7 per cent to 3.88 trillion yuan (~$543.6 billion).
Growth was driven by a consumer goods trade-in programme.
Online sales rose 9.2 per cent, with goods bought online making up nearly a quarter of total sales.
NBS cautioned on external and domestic challenges as authorities plan targeted steps to sustain consumption.
Growth was driven by a consumer goods trade-in programme.
Online sales rose 9.2 per cent, with goods bought online making up nearly a quarter of total sales.
NBS cautioned on external and domestic challenges as authorities plan targeted steps to sustain consumption.
