Engel Coeffient Lowered along with Consumption Upgrading

摘要

Retail sales of consumer goods nationwide totaled RMB 38.1 trillion in 2018,an increase of nine percent year-on-year,said Gao Feng,spokesman for the Ministry of Commerce,recently.As a result,consumer spending contributed 76.2 percent to economic growth,18.6 percentage points higher than 2017,and consumption remained the top engine driving China’s economy.