cqvip:MOFCOM Department of Market Operation and Consumption Promotion Comments on operation situation of consumption market in first half of 2019 Recently, the official of the MOFCOM Department of Market Operation and Consumption Promotion introduced the operation situation of consumption market of China in the first half of 2019. The official pointed out that driven by the consumption, market in the first half year remained stable in general. According to the statistics of the State Statistics Bureau, the total retail sales amount of consumer goods in January - June amounted to 19.5 trillion yuan, up 8.4% year on year, 1 percentage point lower year on year, 0.1 percentage point faster than that of the first quarter. That in June increased significantly by 9.8% year on year, 1.2 percentage points higher than that in May, hitting the highest speed in the recent 15 months. The fundamental role of consumption in economic growth continued to be consolidated. The contribution rate of final consumption expenditure growth to economic growth in the first half of the year reached 60.1%.
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