Re­tail sales, car sales edge up in Novem­ber

China Daily (Canada) - - NEWSCAPSULE -

China’s re­tail sales in Novem­ber in­creased 11.7 per­cent year on year to 2.35 tril­lion yuan ($384 bil­lion), slightly up from Oc­to­ber’s growth of 11.5 per­cent, the Na­tional Bureau of Statis­tics (NBS) said.

The coun­try’s re­tail sales rose 12 per­cent year on year to 23.66 tril­lion yuan ($3.87 tril­lion) in the first 11 months.

Re­tail sales growth in ru­ral ar­eas out­paced that in ur­ban China. In the Jan­uary to Novem­ber pe­riod, sales in ru­ral re­gions rose 12.9 per­cent from a year ago to 3.24 tril­lion yuan, while sales in ur­ban ar­eas climbed 11.8 per­cent to 20.42 tril­lion yuan.

China’s on­line re­tail sales con­tin­ued to ac­cel­er­ate, soar­ing 55.9 per­cent year on year to 385.8 bil­lion yuan in the Jan­uary-Novem­ber pe­riod, based on the survey re­sults of re­tail cater­ing en­ter­prises with large rev­enues.

China’s auto sales con­tin­ued to slow in Novem­ber as both pas­sen­ger and com­mer­cial car sales re­mained sub­dued. Ap­prox­i­mately 2.09 mil­lion cars were sold in China last month, a year-on-year rise of 2.3 per­cent, slow­ing from the 2.8 per­cent gain seen a month ear­lier, the China As­so­ci­a­tion of Au­to­mo­bile Man­u­fac­tur­ers (CAAM) said. (Photo 1)

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