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China: Retail sales for footwear and hats increased 14.2% in H1

China: Retail sales for footwear and hats increased 14.2% in H1

Write: Mallika [2011-05-20]

So far this year retail sales of consumer goods in China reported an 18% growth for five months in straight that are much better than expection.

Sales for footwear and hats in key retail outlet increased 14.2% in the first six months, according to Ministry of Commerce’s report. Other sales like apparel also up 17.8%, the total national retail sales grew 18.2% to 7.2669 trillion yuan.