Retail sales of jewellery in China continued its winning streak from January to August, recording a 7.1 percent year-on-year growth, according to the National Bureau of Statistics of China.
Retail sales of gold, silver and jewellery during the period in review rose to RMB197.2 billion (around US$30 billion), government data further revealed. For August alone, the figure amounted to RMB 24.5 billion (around US$ 3.62 billion), up 6.4 percent from last year.
The latest government data represents yet another solid performance of China’s jewellery retail sector as it recorded growth for consecutive months.
Jewellery sales during the first half of the year were up 7.9 percent to RMB152.8 billion (around US$22.59 billion), according to the bureau.