China's retail sales up 5.8 pct in Q1

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China's retail sales up 5.8 pct in Q1

STORY: China's retail sales up 5.8 pct in Q1 DATELINE: April 18, 2023 LENGTH: 00:00:30 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of street scenes in China 2. various of the press conference 3. SOUNDBITE (Chinese/English interpretation): FU LINGHUI, Spokesperson of National Bureau of Statistics STORYLINE: China's retail sales of consumer goods went up 5.8 percent year on year in the first quarter of this year, the National Bureau of Statistics (NBS) said Tuesday. SOUNDBITE (Chinese/English interpretation): FU LINGHUI, Spokesperson of National Bureau of Statistics "Market sales recovered fast and upgraded goods increased largely in the first quarter. The total retail sales of consumer goods reached 11,492.2 billion yuan (about 1.67 trillion U.S. dollars), up by 5.8 percent year on year." In March alone, retail sales jumped 10.6 percent year on year, data from the NBS showed. Xinhua News Agency correspondents reporting from Beijing. (XHTV)

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