Die chinesischen Verbraucher shop für Früchte in einem Supermarkt in Nantong City, East China Jiangsu Provinz, 20. Januar 2011. China Wirtschaft erweitert 10,3 Pro
Chinese consumers shop for fruits at a supermarket in Nantong city, east Chinas Jiangsu Province, January 20, 2011. Chinas economy expanded 10.3 percent in 2010 from a year earlier, and 9.8 percent year on year in the fourth quarter of last year, the National Bureau of Statistics (NBS) said Thursday (January 20, 2011). China has set the full-year growth target at 8 percent in early 2010, after its economy recovered from the global crisis and expanded 9.2 percent in 2009 year on year, Xinhua News Agency reported. Chinas consumer price index (CPI), a main gauge of inflation, rose 4.6 percent in December year on year, the NBS said on the same day. The CPI was up 3.3 percent in 2010 from the previous year. The prices of food, which accounts for a third of the basket of goods in Chinas CPI calculation, surged 7.2 percent year on year in 2010. The retail sales in 2010 rose 18.4 percent year on year to 15.4554 trillion yuan ($2.34 trillion), the NBS said.