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Learn Chinese - China's retail sales exceeded US$752 bln in 2005

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China's retail sales exceeded US$752 bln in 2005

www.chinanews.cn 2006-01-04 15:18:51

In 2005, China's overall retail sales of consumer goods saw the highest
growth rate since 1997. According to the Ministry of Commerce, the figure
is estimated to have exceeded 6.1 trillion yuan (US$752.16 billion),
ranking third among global consumer goods markets, equal to about
one-fifth that of the US and half that of Japan.

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