综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Global EditionASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Policies

China's consumer spending gains steam in October

Xinhua | Updated: 2020-11-17 15:29
Share
Share - WeChat
Tourists shop at a duty-free shopping mall in Sanya, Hainan province, on Oct 5, 2020. [Photo/Xinhua]

BEIJING -- China's consumer spending continued to pick up pace in October amid the effective containment of the COVID-19 epidemic and steady economic recovery at home, official data showed Monday.

China's retail sales of consumer goods climbed 4.3 percent year-on-year to 3.86 trillion yuan (about $584.5 billion) last month, according to the National Bureau of Statistics.

The growth picked up from the 3.3-percent gain in September after the major consumption gauge posted its first positive growth this year in August by rising 0.5 percent year-on-year.

Excluding auto consumption, retail sales went up 3.6 percent year-on-year last month.

The auto market demand also posted a robust performance last month, with sales rising 12 percent year-on-year, the fourth consecutive month of double-digit growth, while sales of new energy vehicles (NEV) doubled the level in the same month of last year, according to the Ministry of Commerce (MOC).

Consumption in rural areas gained 5.1 percent, outpacing a rise of 4.2 percent in urban regions. The catering industry reported a 0.8-percent increase in revenue, the first expansion this year as the hardest-hit sector struggled to recover from the coronavirus impacts.

The transport and service industries, including culture, sports and entertainment, gained vitality, with the business activity index exceeding 59 percent.

Meanwhile, the country's courier sector handled 8 billion parcels last month, up 38.9 percent year-on-year, with a surge of more than 30 percent for seven consecutive months, the MOC said.

The wholesale price of pork monitored by the MOC edged down 4.1 percent year-on-year, down 34.1 percentage points from the previous month, declining for the first time after growing for 19 consecutive months.

In the first 10 months, retail sales went down 5.9 percent year-on-year, with the decline narrowing by 1.3 percentage points from the drop in the first three quarters.

Online consumption remained a bright spot, with online retail sales rising 10.9 percent year-on-year in the January-October period. Online sales of physical commodities went up 16 percent year-on-year, accounting for 24.2 percent of total retail sales during the period.

With preferential policies for enterprises and consumers implemented, China's domestic demand has seen significant recovery, laying a solid foundation for the consumer market's faster and high-quality development, the MOC said.

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
收藏| 平泉县| 土默特左旗| 兰溪市| 纳雍县| 塘沽区| 霍林郭勒市| 九江县| 抚顺县| 庄浪县| 綦江县| 清原| 郴州市| 通州市| 南投市| 寻乌县| 平湖市| 桃园市| 东丽区| 怀柔区| 大渡口区| 大姚县| 靖江市| 保靖县| 临猗县| 云林县| 阳城县| 太仓市| 军事| 通州区| 上高县| 隆林| 英吉沙县| 平乡县| 历史| 云安县| 吉隆县| 屏山县| 玉环县| 仪征市| 东港市|