Total Retail Sales of Consumer Goods in China Jumps 18.1% in October

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Researched by Industrial Info Resources (Sugar Land, Texas)--In October, the total retail sales of consumer goods in China reached $110.91 billion, an increase of 18.1% compared with the same period last year, the National Bureau of Statistics of China announced on November 14, 2007.

Regions

•Urban areas: $75.14 billion, up 18.6% year over year

•County level and below: $35.77 billion, up 17.1% year over year

Industries

•Wholesale and retail trade: $92.60 billion, up 18% year over year

•Lodging and catering services: $15.72 billion, up 21.4%

•Other industries: $2.59 billion, up 5%

Commodity categories

In terms of different commodity categories, the retail sales above designated size of wholesale and retail trades divided by foodstuff, clothing and utilized commodities increased 24.4%, 32.6% and 26.2%, respectively.

•Grain and oil: 45.1% increase

•Meat, poultry and eggs: 45.4% increase

•Garments, shoes, hats and textiles: 32.6% increase

•Cultural and office appliances: 26.3% increase

•Sports and recreational articles: 35% increase

•Articles for daily use: 27.5% increase

•Household and video appliances: 30.5% increase

•Furniture: 41.7% increase

•Building and decoration materials: 42.5% increase

•Cosmetics: 32.1% increase

•Gold, silver and jewelry: 37.5% increase

•Telecommunication appliances: 8.5% increase

•Automobiles: 36.1% increase

•Petroleum and related products: 17.8% increase

From January to October the total retail sales of consumer goods reached $967.65 billion, a year-over-year increase of 16.1%.

(Based on the exchange rate of 1 U.S. dollar = 7.45 RMB yuan)

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