Retail trades in industry of the inn-restoration on the increase of 24.3% on the first seven months
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August 22nd, 2008
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The retail industry of the inn-restoration in China displayed a rise of 24.3% on the first seven months of the year, in comparison with the same period of last year, announced the Chinese ministry of the Trade.
The growth rate was on the increase of 6.5 points of percentage in relation to the same period of last year, indicated the ministry on his/her/its Internet site.
The retail trades of the inn-restoration of the country totaled 837.49 billions of yuan (120 billions of dollars) enters January and July, representing 14% of the total volume of the retail trades of the country during this period.
The retail trades of the consumer goods in China reached 5 967.2 billions of yuan on the first seven months, on the increase of 21.7% in comparison with a growth of 15.5% during the same period of last year.
The enterprises to foreign funds of the inn-restoration established 399 new subsidiaries in China of January to July, decreasing of 18.2% in relation to the same period of last year, with a contractual value on the increase of 4.3% to rise to 1.71 billion of dollars.
The industry of the inn-restoration of the country stored 116.8 billions of yuan during the only month of July, either an increase of 26.5% in relation to last year, always according to the same sources.
Categories: Retail
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