Business Intelligence on Retailing, Franchising, and Consumerism in China

China's Retail Sales Up 15% In First Half Of 2009

According to figures released by China's National Bureau of Statistics, China's retail sales in the first half of 2009 reached about CNY5.871 trillion, a year-on-year increase of 15%.

The bureau stated that the growth rate was 3.7 percentage points higher than the same period of last year.

By region, the retail sales in China's urban areas were about CNY3.983 trillion, an increase of 14.4% over the previous year, while the retail sales of rural areas were about CNY1.888 trillion, an increase of 16.4%.

By industry, China's wholesale and retail industries achieved sales of CNY4.941 trillion, a year-on-year increase of 14.7%; the retail sales of the hotel and catering industries were CNY851.4 billion, a year-on-year increase of 18.1%; and retail sales of other industries were CNY79.1 billion, a year-on-year increase of 3%.

In addition, China's retail sales in June 2009 also increased by 15% compared with those in May.

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