Chinanews Client Beijing, October 19th. On October 19th, the National Bureau of Statistics released the third quarterly report on China’s economy. In the first three quarters, the total retail sales of consumer goods was 2,73324 billion yuan, a year-on-year decrease of 7.2%, and the rate of decrease was narrower than the first half of the year by 4.2. Percentage points; among them, the third quarter increased by 0.9%, and the quarterly growth rate turned positive for the first time this year.
In September, the total retail sales of consumer goods was 3.5295 trillion yuan, a year-on-year increase of 3.3%, and the growth rate was 2.8 percentage points faster than that in August, and the growth rate was two consecutive months.
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