Rong Hailou, chief economist of the State Administration of Taxation and press spokesman, said that from January to November of this year, sales revenue from the retail business of mobile phones and the retail sales of household appliances such as refrigerators increased by 20.3% and 26.5%, respectively, over the same period last year, reflecting the continued release of the effects of consumer promotion policies. Consumption of new energy vehicles continued to improve, and market activity continued to increase. From January to November, sales revenue of new energy passenger vehicles increased 19.1% year on year.

Rong Hailou, chief economist of the State Administration of Taxation and press spokesman, said that from January to November of this year, sales revenue from the retail business of mobile phones and the retail sales of household appliances such as refrigerators increased by 20.3% and 26.5%, respectively, over the same period last year, reflecting the continued release of the effects of consumer promotion policies. Consumption of new energy vehicles continued to improve, and market activity continued to increase. From January to November, sales revenue of new energy passenger vehicles increased 19.1% year on year.