Bloomberg News

China’s Holiday Retail Sales Rise 16.2% on Year, Ministry Says

January 29, 2012

Jan. 29 (Bloomberg) -- Sales by China’s main retailers and restaurants during the weeklong Lunar New Year holiday rose 16.2 percent from a year earlier to 470 billion yuan, the Ministry of Commerce said in a statement on its website late yesterday. Sales of clothes, jewelry and food by value jumped 18.7 percent, 16.4 percent and 16.2 percent on year, respectively, the ministry said.

To contact Bloomberg News staff for this story: Li Yanping in Beijing at yli16@bloomberg.net

To contact the editor responsible for this story: Paul Tighe at ptighe@bloomberg.net


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