China’s Retail Sales Rise 3.5% in 2024

China's retail sector posted steady growth in December, capping off a year of moderate recovery in consumer spending.

Total retail sales of consumer goods climbed 3.7% year-on-year last month of 2025 to ¥4.52 trillion ($630 billion), according to data released by the National Bureau of Statistics (NBS). Excluding automobiles, retail sales rose 4.2% to ¥…