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China CommerceMin: China reports stable H1 consumption growth - Xinhua

26 days ago   |   By FXCM

According to the Chinese Commerce Ministry, the country's domestic consumer market was generally stable in the first half of 2019, and is expected to post steady growth in H2, Xinhua News agency reports.
Key Highlights:
“Basic living consumption prospered, with retail sales of daily necessities and beverages per unit above quota in H1 increased by 14.1 percent and 9.9 percent, respectively,
Service consumption registered stable development, with the revenue of the country's catering industry rising 9.4 percent year on year. Service consumption accounted for 49.4 percent of consumers final...
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