detail of the sales on the increase of 15.2% for the beginning of 2009
The retail trade in China increased 15.2% to reach 2 trillion of 000 yuan (293.8 billion of dollars) during the first two months of this year, announced Thursday the state of Office of Statistics (BES).
For the analysts, this rate is encouraging, although it is lower to the one of last year, that was of more than 20%.
The growth rate of the detail sales in January and February is equal or even superior to the one of last year, indicated Zhuang Jian, economist of the Asian Development Bank of the.
In February 2008, the indication of the prices to the consumption index (CPI), a leading indicatory of the inflation, had reached a higher on 12 years to 8.7% in February 2009 but he fell to 1.6%.
"At present, the interior stays steady consumption, in spite of the economic decline", it has added.
In January and February of this year, the sales of products to the consumption in the urban regions of 14.4% progressed to reach 1 350 billions of yuan. Those of the farming regions increased 17% to 653.9 billions of yuan, the specified BES.
The sales on the whole and of 14.8% believed to detail the 1 to 680 billions of yuan. The activities of restoration and inn appeared on the increase from 18.9% to 301.6 billions of yuan.
Xu Lianzhong, economist of the Commission of the state of the Reform and Development (CERD), made notice that the rise of the retail trades reflected the effect of the raise economic plan of the government, that aimed to maintain the economic growth to 8% the interior while stimulating consumption.
Another factor of this rise resides in the beginning of the Feast of the Spring. These long yearly vacations constitute an important period of purchase in China and they began this year in January.
Xu Lianzhong recalled however that this growth rate of the detail sales would not persist all year, because the growth of the incomes will be slow by the effects of the economic depression.
Zuo Xiaolei, chief economist in Securities of Galaxy, declared on the optimistic consumption. He foresaw a continuous growth of the detail sales to the same rhythm that in January-February.
He proposed the government to take more initiatives to stimulate the consumption and not to be content with large-scale investments. "The governmental expenses will not be able to, to them only, to make the walk toward the economy before", he has added.


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