CHINA China's retail sales up 4.9 pct in October

CHINA

China's retail sales up 4.9 pct in October

Xinhua

10:08, November 15, 2021

BEIJING, Nov. 15 (Xinhua) -- China's retail sales of consumer goods went up 4.9 percent year on year in October, data from the National Bureau of Statistics (NBS) showed Monday.

People visit the import products booth at the "CIIE Fair" on the Nanjing Road pedestrian walkway in Shanghai, East China, Nov 8, 2021. [Photo/Xinhua]

The country's retail sales of consumer goods totaled around 4.05 trillion yuan (about 633 billion U.S. dollars) in October, according to the NBS.

The figure increased by 9.4 percent from October 2019, putting the two-year average growth at 4.6 percent, said the NBS.

In the January-October period, China's total retail sales of consumer goods stood at 35.85 trillion yuan, up 14.9 percent year on year.

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