In the first four months, total retail sales of consumer goods rose 10.2 percent year on year, 0.2 percentage points faster than the growth in the first quarter, buttressed by vigorous consumption growth in rural areas and online shopping, the National Bureau of Statistics (NBS) said Monday.
In the first 10 months, property investment rose 7.8 percent from a year earlier, compared with 8.1 percent in the January-September period. The figure focuses largely on residential real estate but also includes commercial and office space.
In the current situation, China is willing to work with the EU to strengthen coordination and cooperation on international issues, uphold multilateralism and free trade, consolidate the global and strategic significance of their relations, and contribute to world peace, stability and prosperity, he added.
In the first half of 2019, Porsche delivered 42,608 vehicles to China, a year-on-year growth of 28 percent, leading the rest of its global markets. "Despite all the uncertainties, we are optimistic about our sales performance in China," he added.
In the first nine months of this year, sales of the Bavarian company in China were 6.4 percent more than the same period of 2019.
In the first 10 months of this year, lottery sales fell 19.3 percent year on year to 343.36 billion yuan, the statement said.
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In the US, retail spending dropped from 41 percent to 28 percent, the survey noted.
In the first three quarters, auto sales totaled 17.12 million units, down 6.9 percent year-on-year.
In the first five months, private investment in manufacturing sector increased by 6.1 percent year-on-year, the highest level in two years, according to the commission.
In the fourth quarter of 2016, China's economy grew 6.8 percent year on year. The Chinese government has targeted growth of around 6.5 percent this year.