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Beijing tops cities in consumer spending

By Hu Yongqi | China Daily | Updated: 2016-02-01 07:56

For the 8th consecutive year, Beijing led the nation's cities in consumer spending, racking up more than 1 trillion yuan ($152 billion) in retail sales in 2015 on the back of online shopping.

Retail sales of consumer goods reached 1.0338 trillion yuan last year, once again propelling the capital to its title as China's biggest shopping city, according to a report released by Beijing Statistics Bureau over the weekend.

Shanghai and Guangzhou were second and third in retail sales of consumer goods, a key indicator of consumption.

Beijing tops cities in consumer spending

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