In March this year, China’s total retail sales of consumer goods amounted to RMB 2.7864 trillion ($0.405 trillion), rising by 10.9 percent year on year, as announced by China’s National Bureau of Statistics.
In the first quarter of the current year, China’s total retail sales of consumer goods amounted to RMB 8.5823 trillion ($1.247 trillion), up 10.0 percent year on year. In particular, in the given period total automotive vehicle sales in China amounted to a value of RMB 923.2 billion ($134.186 billion), rising by 2.3 percent year on year.