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China sales of consumer goods rise

China’s National Bureau of Statistics has officially reported that in 2023, China's total retail sales of consumer goods reached 47.1495 trillion RMB($7.429 trillion), marking a 7.2 percent increase from the previous year and setting a new record. The fourth quarter saw an 8.3 percent year-on-year growth, with a 4.1 percentage point acceleration compared to the third quarter.

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