In the first 11 months of the current year, China’s total retail sales of consumer goods amounted to RMB 34.5093 trillion ($4.97 trillion), up 9.1 percent year on year, as announced by China’s National Bureau of Statistics (NBS). In November alone, China’s total retail sales of consumer goods amounted to RMB 3.526 trillion ($0.51 trillion), rising by 8.1 percent year on year.
In particular, in the first 11 months this year, total automotive vehicle sales in China reached a value of RMB 3.4783 trillion ($0.50 trillion), decreasing by 1.6 percent year on year.