China's consumption growth likely to slow further in 2019: commerce ministry
Reuters
Published Feb 11, 2019 10:10PM ET
China's consumption growth likely to slow further in 2019: commerce ministry
BEIJING (Reuters) - Consumption growth in China is likely to slow further this year, a commerce ministry official said on Tuesday, adding that slower growth last year was due to "periodic" weak car sales and housing-related spending.
However, retail sales this year would still be growing at a steady, relatively fast pace, Wang Bin, a commerce ministry official told reporters during a briefing.
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Written By: Reuters
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