China’s retail sales of consumer goods rose by 2.7 per cent YoY in July, reaching 3.78 trillion yuan (~$528.82 billion), with stronger growth in rural areas at 4.6 per cent.
Total retail sales for the first seven months increased 3.5 per cent, driven by a 9.5 per cent rise in online sales.
China’s value-added industrial output grew 5.1 per cent YoY in July.
Total retail sales for the first seven months increased 3.5 per cent, driven by a 9.5 per cent rise in online sales.
China’s value-added industrial output grew 5.1 per cent YoY in July.
