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China’s retail sales of gold, silver and jewellery recorded a 5.7 per cent year-on-year increase in November, reflecting steady rebound in the local retail sector.
Data from the National Bureau of Statistics of China showed that jewellery sales in November reached RMB27 billion (around US$4.23 billion), up month on month from RMB24.7 billion (around US$3.87 billion) in October.
January to November figures were also on the upswing, recording a 34.1 per cent year on year increase.
China’s national economy continued to recover and show steady growth in November, which the country attributed to government-led policies to help spur business during the pandemic, the...
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