(MENAFN) The National Bureau of Statistics said that China's retail sales grew 10.1 percent in May to USD396 billion compared to the same period last year, Xinhua reported.
In the January-May period of the current year, retail sales in the world's second-largest economy expanded 10.4 percent. However, growth in rural areas outpaced that in cities.
Sales in rural areas rose 11.6 percent in May and at the same rate in the first five months period, in contrast to the 9.9 percent and 10.2 percent growth seen in urban areas.
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