China's Retail Sales High in the Past Two Months

Over the past two months this year, China's total volume of retail sales jumped more than ten percent compared to figures from the same period last year. Sales reached 70 billion US dollars during the past two months.

Experts said the market growth came as a result of several factors. One, stable prices. Two, increased numbers of holiday shoppers. Three, more popular goods available during peak times, like the country's two major holidays. This year, shops reported record Spring Festival sales.

Another factor is incentives businesses took to facilitate buying. Those included discounts and extended business hours. Some stores stayed open 24 hours.

And finally, effective government policy to expand domestic demand. Shopping, dining out and tourism are three of the most popular ways Chinese spend money.

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