In the first six months of the current year, China’s total retail sales of consumer goods amounted to RMB 18.0018 trillion ($2.69 trillion), up 9.4 percent year on year, as announced by China’s National Bureau of Statistics (NBS) on July 16. In June alone, China’s total retail sales of consumer goods amounted to RMB 3.0842 trillion ($0.46 trillion), up 9.0 percent year on year.
In particular, in the first six months, total automotive vehicle sales in China reached a value of RMB 1.867 trillion ($0.28 trillion), increasing by 2.7 percent year on year.