www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

   

October retail up by 18% from '06

By Xin Zhiming (China Daily)
Updated: 2007-11-15 06:51

Shoppers buy vegetables at a supermarket in Yichang, Hubei Province. China's retail sales rose 18.1 percent year-on-year in October due to rising prices and incomes. [China Daily]

China's retail sales grew by an impressive 18.1 percent year-on-year in October, thanks to rising prices and incomes.

The growth was 1.1 percentage points higher than in September, according to the National Bureau of Statistics, and analysts said the steady trend will continue.

"Sales benefited from record-high consumer price index (CPI) and income," said Shen Minggao, chief economist with the Citigroup in Beijing, in a research note.

"This could represent a trend in consumer confidence and resilient consumption down the road to the year of the Olympics," he said.

In the first 10 months, retail sales registered a year-on-year growth of 16.1 percent to reach 7.2 trillion yuan ($969.17 billion). It was 0.2 percentage point higher than the 15.9 percent growth achieved in the January-September period.

People spent about 45 percent more in October compared with a year ago on grain, edible oil, meat and poultry.

In the first nine months, retail sales of grain and edible oil increased by 37 percent year-on-year, while meat and poultry spending increased by 40.5 percent.

Rising inflation is a factor contributing to the spending spree in October, analysts agreed. The CPI resurged to the decade high of 6.5 percent in October after it eased a bit in September from the peak in August.

Food prices increased by 17.6 percent year-on-year in October, with prices of fresh vegetables rising sharply and meat and poultry prices remaining strong.

Clothing sales were up 32.6 percent in October, automobiles 36.1 percent, building materials 42.5 percent and daily necessities 27.5 percent.

Rising income has similarly boosted expanding retail sales. Disposable income of urban residents rose 13.2 percent from a year earlier in real terms in the first nine months, while net income of farmers increased by a real 14.8 percent.

The so-called "holiday effect" also contributed to the spending boom.

People generally spend more during the week-long National Day holiday starting October 1. The surging stock and property markets at that time rendered them more money for spending.

"The momentum is good and sound, and is expected to continue," said Shi Jianhuai, economist with Peking University's School of Economics.

(China Daily 11/15/2007 page14)


(For more biz stories, please visit Industry Updates)



主站蜘蛛池模板: 国产成人精品视频 | 亚洲免费网址 | 亚洲欧美专区精品久久 | 亚洲欧美专区精品久久 | 美女a毛片 | 成年网站免费视频黄 | 国产精品免费看久久久久 | 日韩综合 | 久久精品视频5 | 午夜一级影院 | 视频亚洲一区 | 日韩午夜免费视频 | 欧美成人午夜不卡在线视频 | 欧美成人观看免费完全 | 黄色网址网站在线观看 | 欧美成人性色生活片免费在线观看 | 成年人免费观看网站 | 国产欧美日韩精品一区二区三区 | 草久视频在线观看 | 欧美人体在线 | 高清日本无a区 | 免费欧美一级 | 国产区精品在线 | 三级毛片三级毛片 | 荡公乱妇蒂芙尼中文字幕 | a级片免费观看视频 | 男女男精品视频网站在线观看 | xxx免费视频| 午夜专区| 国产一级网站 | 3d动漫精品成人一区二区三 | 欧美日韩一区在线观看 | 一区二区三区四区五区六区 | 手机在线精品视频每日更新 | 青青影院一区二区免费视频 | 中国二级毛片 | 国产精品亚洲二线在线播放 | 91亚洲国产成人久久精品网站 | 久久国产99 | 国产日本韩国不卡在线视频 | 色一级片|