日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Macro

China's retail sales accelerates in May

(Xinhua) Updated: 2015-06-11 16:39

China's retail sales accelerates in May

BEIJING -- China's retail sales accelerated in May, indicating that pro-consumption policies have begun to take effect.

The National Bureau of Statistics (NBS) said on Thursday that retail sales in May grew 10.1 percent year on year to 2.42 trillion yuan ($396 billion), a shade up from the 10 percent growth recorded in April.

In the first five months, retail sales grew 10.4 percent, unchanged from the rate seen in the first four months.

Growth in rural areas outpaced that in cities. Sales in rural areas rose 11.6 percent in May and at the same rate in the January-May period, in contrast to the 9.9 percent and 10.2 percent growth seen in urban areas.

Sales of food, clothes and other daily necessities in May grew 12.8 percent, 0.1 percentage points higher than April, according to NBS statistician Lin Tao.

Chinese consumers favor online shopping. In the first five months, online sales rose 39.3 percent year on year to reach 1.34 trillion yuan.

The upswing of consumption in May compares to prolonged cooling in investment. China's fixed asset investment rose 11.4 percent from a year earlier to 17.12 trillion yuan in the first five months of the year, slowing from the 12-percent level registered in the Jan.-April period.

Investment in the property sector rose 5.1 percent in the first five months of the year, down from the 6-percent increase seen in the first four months, underscoring the sector's lingering weakness.

China has been at pains to spur domestic consumption while the stuttering economy is threatened by deflationary pressures.

Consumer inflation fell to 1.2 percent in May from 1.5 percent the previous month. The target is to maintain inflation at around 3 percent for the year.

However, economists from the People's Bank of China, the central bank, said on Wednesday that it had shaved the 2015 inflation rate to 1.4 percent from its previous forecast of 2.2 percent.

Falling price levels may be a bonus for consumers in the short term, but factories are likely to postpone investment and the prospect of continued price drops will mean people will hold back on spending.

To encourage domestic spending, China cut import duties on consumer goods by an average of 50 percent, starting from June 1. The duty on cosmetics was reduced to 2 percent from 5 percent.

The State Council, China's cabinet, said on Wednesday that private capital, foreign and domestic banks, as well as Internet companies would be allowed to set up "consumption finance" firms, which can extend small loans to the public.

Alibaba has already launched such a service, which offers loans to buy goods on its online shopping site Taobao. The money is repaid in installments.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产视频一区二区三区在线观看 | china激情老汉69老头乐 | 日韩欧美视频免费观看 | 四虎av在线播放 | 黄色欧美一级片 | 国产一区二区在线免费 | 中文字幕1| 日本二区三区视频 | 黄色网址国产 | 久草精品视频 | 欧美日韩精品久久 | 精品一区av| 在线观看亚洲大片短视频 | 亚洲影视大全 | 99色在线视频 | 国产精品秘| 欧美不卡影院 | 欧美高清在线 | 91在线精品李宗瑞 | 大地资源中文在线观看免费版 | 91视频免费在线 | 亚洲午夜免费 | 欧美一区二区免费在线观看 | 国产99页| 免费看黄色小视频 | 精品无码久久久久久国产 | 日本wwww色 | 日韩一区二区三区在线播放 | 亚洲成在线 | 青娱乐在线视频免费观看 | 亚洲a网站| 免费av福利 | 超碰97人人在线 | 国产激情在线观看 | 日韩久久久久久久久久久 | 黄页网站在线免费观看 | 狠狠干免费视频 | 日韩免费高清视频 | 日本一区二区三区四区视频 | 日韩黄色在线视频 | 三级视频在线播放 |