China's economy: How it performed and the road ahead

chinadaily.com.cn | Updated: 2022-01-19 06:40
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A shopper buys duty-free goods at a store in Haikou, Hainan province. [Photo by SU BIKUN/FOR CHINA DAILY]

Retail sales of consumer goods

Retail sales of consumer goods increased 12.5 percent on a yearly basis to 44.08 trillion yuan, the NBS data showed.

The contribution of domestic demand to economic growth reached 79.1 percent, an increase of 4.4 percentage points over the previous year, indicating that economic growth was mainly driven by domestic demand, Xu added.

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