BEIJING, Dec. 11 (Xinhua) -- China's retail sales rose 15.8 percent year on year to 1.13 trillion yuan (166 billion U.S. dollars) in November, the National Bureau of Statistics (NBS) announced on Friday.
The rise was 5 percentage points lower than that of a year earlier. It was also down 0.4 percentage points from that in October, the NBS data showed.
In the first 11 months, total retail sales topped 11.27 trillion yuan, up 15.3 percent year on year. The rate was 6.6 percentage points down from that of the corresponding period last year, but unchanged from the first 10 months this year, the data showed.
In November, urban retail sales rose 16.5 percent year on year to 760.6 billion yuan, while those in counties and sub-county areas were up 14.4 percent to 373.3 billion yuan.
Retail sales grew 14.5 percent year on year for grain and edible oils in November, 24.9 percent for household electric appliances, and 61.5 percent for autos.
To stimulate domestic consumption, the government put into place a series of measures, including tax cuts for auto and property purchases and introduced subsidies for home appliances in rural areas.
In November, auto sales reached 1.34 million units, bringing the total sales from January to November to 12.23 million, up 42.39 percent year on year, according to the China Association of Automobile Manufacturers.
China's imports, exports up 9.8% in November
BEIJING, Dec. 11 (Xinhua) -- China's foreign trade posted a 9.8 percent growth in November year on year, ending twelve months consecutive contraction, the General Administration of Customs announced Friday.
Exports in November stood at 113.7 billion U.S. dollars, down 1.2 percent from a year earlier, while imports rose 26.7 percent to 94.6 billion U.S. dollars. Full story
China's November CPI rises 0.6%, ending nine months of fall
BEIJING, Dec. 11 (Xinhua) -- China's consumer price index (CPI), a main gauge of inflation, rose 0.6 percent year on year in November, the National Bureau of Statistics said Friday.
It is the first monthly growth since February this year when CPI was down 1.6 percent. Full story
China's new loans rise to 294.8 bln yuan in November
BEIJING, Dec. 11 (Xinhua) -- China's new yuan-denominated lending in November rose to 294.8 billion yuan (43.2 billion U.S. dollars) from October's 253 billion yuan, the People's Bank of China, the central bank, said Friday. Full story
China's electricity power production up 26.9% in November
BEIJING, Dec. 11 (Xinhua) -- China's electricity power production increased by 26.9 percent in November year on year, the National Bureau of Statistics said Friday.
In October, the country's power production climbed 17.1 percent. Full story
China's industrial output up 19.2% in November
BEIJING, Dec. 11 (Xinhua) -- China's industrial output growth accelerated to 19.2 percent in November year on year, following a 16.1 percent increase in October, data from the National Bureau of Statistics showed Friday. Full story
China urban fixed-asset investment up 32.1% in first 11 months
BEIJING, Dec. 11 (Xinhua) -- China's urban fixed-asset investment rose 32.1 percent in the first 11 months, the National Bureau of Statistics said Friday. Full story
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