CHINA¡¯S CLOTHING RETAIL SALES REACH CNY589 BILLION IN 2014 FIRST HALF
2014-09-15
According to the State Statistical Bureau, gross retail sales of consumer goods in China reached CNY2.12 trillion in June 2014, a 12.4% year-on-year nominal growth (10.7%, inflation-adjusted; all figures below indicate nominal growths and year-on-year increase rates, unless otherwise stated).

The figure includes retail sales of units above designated size of CNY1.1 trillion, a 10.2% increase year-on-year. From January to June, gross retail sales of social consumer goods amounted to 12.48 trillion RMB, up 12.1%. Meanwhile, clothing sales (including apparel, footwear, hats, knitwear and textile) reached CNY 97.8 billion in June, up 11.7%, while from January to June the figure amounted to CNY 589 billion, up 10% year on year. 

 

Source: sina.com

Edited by: Royal Seal Group International