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China's Retail Sales Rebound Over Efforts to Contain Coronavirus
  ·  2020-03-06  ·   Source: Xinhua News Agency

China's retail sales have picked up amid efforts to contain the outbreak of novel coronavirus disease (COVID-19) and strengthened consumer demands, Wang Bin, an official with the Ministry of Commerce (MOFCOM), told a press conference on March 5.

Average daily sales of 1,000 retail companies monitored by the MOFCOM climbed 5.6 percent in late February from mid-February, the first increase since late January, Wang said.

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, he said.

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