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China's retail sales rebound over efforts to contain coronavirus

(Xinhua)    10:30, March 06, 2020

BEIJING, March 5 (Xinhua) -- China's retail sales have picked up amid efforts to contain the outbreak of novel coronavirus disease (COVID-19) and strengthened consumer demand, an official said Thursday.

Average daily sales of 1,000 retail companies monitored by the Ministry of Commerce (MOC) climbed 5.6 percent in late February from mid-February, the first increase since late January, MOC official Wang Bin told a press conference.

Auto sales jumped 14.8 percent from mid-February, while telecommunications gadgets and home appliances edged up 11.7 percent and 11.1 percent, respectively.

Effective epidemic prevention and control measures, work resumption on a larger scale, along with pent-up demand being released, have helped push up retail sales, according to Wang.

Market sales will continue to improve once the epidemic is contained, said Wang.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Web editor: Zhao Tong, Bianji)

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