China's Consumer Market Started Recovery Late Last Month, MOFCOM Says
Dou Shicong
DATE:  Mar 05 2020
/ SOURCE:  yicai
China's Consumer Market Started Recovery Late Last Month, MOFCOM Says China's Consumer Market Started Recovery Late Last Month, MOFCOM Says

(Yicai Global) March 5 -- China's consumer market has been reviving from the onslaught of the Covina-19 epidemic since late last month, as the daily sales of 1,000 key retailing firms monitored by the Ministry of Commerce rose 5.6 percent compared to the middle of the month, the agency announced.

The automobile market rebounded mostly strongly with almost 15 percent sales growth. Communications devices and electric appliances rose nearly 12 percent and over 11 percent, respectively, MOFCOM said at a press briefing today.

Editor: Ben Armour

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Keywords:   Consumer Market,MOFCOM