STORY: China's retail sales up 2.7 pct in July
SHOOTING TIME: Aug. 15, 2024
DATELINE: Aug. 15, 2024
LENGTH: 0:00:54
LOCATION: Beijing
CATEGORY: ECONOMY

SHOTLIST:
1. SOUNDBITE (Chinese): LIU AIHUA, Spokesperson with National Bureau of Statistics

STORYLINE:

SOUNDBITE (Chinese): LIU AIHUA, Spokesperson with National Bureau of Statistics
"China's retail sales of consumer goods went up 2.7 percent year on year to nearly 3.78 trillion yuan (about 528.82 billion U.S. dollars) in July. The growth rate was 0.7 percentage points higher than that posted in June.
Last month, retail sales in urban areas came in at about 3.27 trillion yuan, up 2.4 percent year on year, with the corresponding figure for rural areas reaching 506.6 billion yuan, up 4.6 percent year on year.
The country's total catering revenue reached 440.3 billion yuan in July, increasing 3 percent year on year.
During the first seven months, retail sales rose 3.5 percent year on year to over 27.37 trillion yuan.
The country's value-added industrial output expanded 5.1 percent year on year in July. On a monthly basis, the industrial output edged up 0.35 percent in July from the previous month.
In the first six months, the combined profits of major industrial enterprises rose 3.5 percent year on year to 3.51 trillion yuan."

Xinhua News Agency correspondents reporting from Beijing.
(XHTV)