China's retail sales rose 13.6% to about RMB1trn (US$124.3bn) year-on-year in the first two months of this year, indicating strong consumer demand, the National Bureau of Statistics said. The bureau also reported China's industrial output rose 16.9% to RMB903bn (US$109bn) in the first two months, due to overseas demand for industrial exports, valued at RMB583.8bn, rising 33.4% from a year ago.
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