Retail sales predicted to grow
Updated: 2013-07-17 17:14
By Li Jiabao (chinadaily.com.cn)
Retail sales in the second half of this year will show a slight improvement on first-half figures, Shen Danyang, spokesman for the Ministry of Commerce, told a news briefing on Wednesday.
Sales started to pick up in March and increased 13.3 percent year-on-year in June, according to the ministry. The first six months saw retail sales rise 12.7 percent year-on-year to 1.1 trillion yuan ($177.4 billion).