Retail sales in China surged 18.3% in June year on year

07/16/2010 | China Knowledge

China's National Bureau of Statistics said total retail sales hit RMB 1.23 trillion last month, an 18.3% increase over June 2009. Urban areas saw retail sales jump 18.7%, while rural areas saw a 15.9% increase. In the first six months of 2010, China's retail sales reached RMB 7.27 trillion, an 18.2% rise over the same period the previous year.

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