China’s Q3 retail sales returned to growth, online sales grew at faster pace, catering sector recovered to 97% of last year
China’s Q3 retail sales returned to growth, online sales grew at faster pace, catering sector recovered to 97% of last year

China’s Q3 retail sales returned to growth, online sales grew at faster pace, catering sector recovered to 97% of last year

 

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China's retail sales picked up further in September as consumers shook off the coronavirus caution, with online sales growing at a faster pace and revenue of the virus-hit catering sector approaching the level seen last year.

Retail sales grew 3.3 per cent in September from a year earlier, speeding up from a modest 0.5 per cent gain in August and posting the fastest growth since December 2019, showed data released by the National Bureau of Statistics (NBS) on Monday.

Retail sales increased 0.9 per cent year over year in the . . .

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