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China’s retail sales hit $575.6 bn in May, online up 8.5%
China’s retail sales of consumer goods rose 6.4 per cent year on year in May 2025 to 4,132.6 billion yuan (~$575.65 billion), with urban and rural areas growing 6.5 and 5.4 per cent, respectively. From January to May, sales totalled 20,317.1 billion yuan, up 5 per cent. Online retail surged 8.5 per cent, with physical goods contributing 24.5 per cent of total sales, according to NBS data.
China’s retail sales of consumer goods rose 6.4 per cent year on year in May 2025 to 4,132.6 billion yuan (~$575.65 billion), with urban and rural areas growing 6.5 and 5.4 per cent, respectively.
From January to May, sales totalled 20,317.1 billion yuan, up 5 per cent.
Online retail surged 8.5 per cent, with physical goods contributing 24.5 per cent of total sales, according to NBS data.
