China Retail Sales Grow 2.6 Percent in 2026
China reported a 2.6 percent year-on-year increase in total retail sales of goods and services for the first three quarters of 2026.
The National Bureau of Statistics reported that China's total retail sales of goods and services increased by 2.6 percent year on year during the first three quarters of 2026. Service sales grew by 5 percent, while goods sales rose by 1 percent. Growth in the services sector was primarily driven by communication, information, tourism consulting, leasing, and cultural, sports, and leisure services.
Total retail sales of consumer goods, including catering services, exceeded 37 trillion yuan, or approximately 5.51 trillion U.S. dollars, marking a 1.1 percent year-on-year increase. In September, consumer goods sales grew by 1.1 percent, which represents the fastest growth pace recorded in six months.
Online retail sales reached over 15.1 trillion yuan, an increase of 4.4 percent. Within the digital marketplace, online services outperformed online goods in terms of growth rates.
