In August this year, China’s total retail sales of consumer goods amounted to RMB 2.4893 trillion ($0.39 trillion), up 10.8 percent year on year, while the figure totaled RMB 19.0809 trillion ($3.00 trillion) in the January-August period of the current year, up 10.5 percent year on year, as announced by China’s National Bureau of Statistics.
In particular, total automotive vehicle sales in China amounted to a value of RMB 275.8 billion ($43.30 billion) in August, while totaling RMB 2.2219 trillion ($0.35 trillion) in the January-August period, up 5.2 percent and 4.4 percent year on year, respectively.