Posted inBeijing, Chengdu, China, Chongqing, Guangzhou, Shanghai, Tianjin, Wuhan

Eleven cities record over 500 bn yuan in consumer spending

Eleven out of 45 first- and second-tier cities recorded total retail sales of consumers goods over the 500 billion yuan mark in 2017, reported. Sales in Shanghai reached 1.183 trillion yuan (US$170 billion), an increase of 8.1% from a year earlier. It is the first time for Shanghai to surpass Beijing and rank first […]