Consumer spending to sustain momentum
By Shi Jing in Shanghai | China Daily | Updated: 2018-07-17 07:39
Consumption accounts for 78.5 percent of expansion in first half of this year
Consumer expenditure on goods and services has shown steady growth in terms of its contribution to China's economic growth while that from services has become even more noticeable, according to official data released on Monday.
National consumer expenditure per capita went up 8.8 percent year-on-year to reach 9,609 yuan ($1,439) in the first six months, among which consumption from urban households gained 6.8 percent and that from rural areas registered 12.2 percent growth.
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