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Article: CHINA 08 JAN-NOV CONSUMER PRODUCT RETAIL SALES UP 21.9%
- Article from:
- AsiaInfo Services
- Article date:
- February 2, 2009
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AsiaInfo Services
02-02-2009
China 08 Jan-Nov Consumer Product Retail Sales Up 21.9%
BEIJING, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- China saw its consumer product retail sales amount to CNY 9.7759 trillion in the first eleven months of 2008, up 21.9% from a year earlier, according to the latest report by the Ministry of Commerce.
Of all the sales, CNY 822.6 billion were generated by the wholesale and retail industry, growing 16% from the comparable period of 2007. In November alone, the country's retail sales of consumer products came to CNY 979.08 billion, leaping 20.8% from a year ago.
Notably, retail sales in supermarkets, department stores and other retail chains ...