In July this year, China’s total retail sales of consumer goods amounted to RMB 2.6827 trillion ($0.40 trillion), up 10.2 percent year on year, as announced by China’s National Bureau of Statistics.
In the January-July period this year, China’s total retail sales of consumer goods reached RMB 18.2966 trillion ($2.76 trillion), rising by 10.3 percent year on year. In particular, in the given period, total automotive vehicle sales in China reached a value of RMB 2.1313 trillion ($0.32 trillion), rising by 7.9 percent year on year.