Top 10 Chinese cities for consumption in H1
China's financial capital Shanghai topped the country's consumption list in the first half of this year, according to Chinese financial media outlet Yicai.
Total retail sales of consumer goods in Shanghai reached 904.84 billion yuan ($139.99 billion) in H1, up 30.3 percent year-on-year.
According to the city's statistics bureau, upgraded consumer goods contributed most significantly to the consumption growth.
Retail sales of gold, silver and jewelry increased 72.4 percent year-on-year, and that of cosmetics and communication equipment witnessed 24 percent and 19.2 percent respective increases on a yearly basis.
With 722.75 billion yuan in total retail sales of consumer goods in H1, China's capital Beijing grabbed second place on the list, up 21 percent year-on-year.
Consumption has become the main engine to promote China's economic growth. With effective containment of the COVID-19 pandemic, China's economy will continue to recover, and more consumption potential is expected to be unleashed.
Let's take a look at the top 10 Chinese consumption cities in the first half of this year.
