The Q3 2010 China Retail Report forecasts that the country's total retail sales will increase by 74 per cent in local currency terms by the end of the forecast period, growing from $2.09 trn in 2010 to a projected...
With the Chinese government pursuing a policy to promote the rapid, healthy and orderly development of the retail industry since 1992, the industry has developed rapidly and is expected to touch 14 per cent by 2010, government figures indicated.
Currently...
China’s retail sales rose 15.9 per cent year-on-year touching 6.38 trillion yuan (US$ 851billion) in the first nine months despite soaring consumer price index, according to the National Bureau of Statistics.
The growth rate of retail sales, a major gauge...
Chinese retail sales rose 17.1 per cent in August as compared to the same period a year earlier, according to government data.
Sales totalled 711.7 billion yuan ($94.6 billion), while sales in the first eight months of the year increased...