Retail Sales Soar in Central China Province

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Last updated at: (Beijing Time) Saturday, February 08, 2003

Retail Sales Soar in Central China Province

The value of retail sales in central China's Henan Province in 2002 was provisionally estimatedat 218.9 billion yuan (26.47 billion US dollars), up 10.6 percent over the previous year.

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The value of retail sales in central China's Henan Province in 2002 was provisionally estimatedat 218.9 billion yuan (26.47 billion US dollars), up 10.6 percent over the previous year.

Retail sales in urban areas were estimated at 109.8 billion yuan (13.28 billion US dollars), 12.4 percent more than the previous year, and retail sales in county towns and rural areas were estimated at 109.1 billion yuan (13.19 billion US dollars), arise of 8.1 percent, according to the provincial statistics bureau.

The increasing purchasing power of residents has also driven flourishing sales of mobile phones, computers, air conditioners and other top-grade and luxury commodities, according to the provincial statistics bureau.

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