BEIJING, Dec. 10 (Xinhua) -- China's retail sales rose 13.7 percent year on year in November, accelerating from the 13.3-percent growth recorded in October, the National Bureau of Statistics (NBS) said Tuesday.
Total retail sales in the first eleven months grew 13 percent year on year to 21.13 trillion yuan (3.48 trillion U.S. dollars), the NBS said.
Urban consumption hit 1.82 trillion yuan in November, up 13.6 percent year on year, while rural residents spent 280.8 billion yuan, up 14.8 percent from the same period last year.
Chinese Commerce Minister Gao Hucheng said Monday that China's retail sales will grow by more than 13 percent year on year for 2013.
China's industrial production growth softens in Nov.
BEIJING, Dec. 10 (Xinhua) -- China's industrial production growth softened in November, with industrial value-added output expanding 10 percent year on year, 0.3 percentage points lower than that in October, official figures revealed on Tuesday. Full story
China's fixed-asset investment up 19.9 pct in Jan.-Nov.
BEIJING, Dec. 10 (Xinhua) -- China's urban fixed-asset investment expanded 19.9 percent year on year to 39.13 trillion yuan (6.4 trillion U.S. dollars) in the Jan.-Nov. period, down 0.2 percentage points from the growth rate in the first ten months, the National Bureau of Statistics announced on Tuesday. Full story
China's retail sales growth to top 13 pct
BEIJING, Dec. 9 (Xinhua) -- China's retail sales of consumer goods will grow by more than 13 percent year on year for 2013, an official said Monday.
The growth will be in a range of relatively fast expansion as seen in the past decade, Minister of Commerce Gao Hucheng told Xinhua. Full Story
China's services PMI falls slightly in Nov.: HSBC
BEIJING, Dec. 4 (Xinhua) -- China's service sector expanded steadily in November, with the HSBC China Services purchasing managers' index (PMI) edging down slightly to 52.5 in November from 52.6 in October, banking giant HSBC said Wednesday in a statement. Full story
China's non-manufacturing PMI drops in November
BEIJING, Dec. 3 (Xinhua) -- The purchasing managers index (PMI) for China's non-manufacturing sector stood at 56 percent in November, down from 56.3 percent for October, according to official data released on Tuesday. Full story