Chinese sales of productive resources in the first 11 months of this year has exceeded 10 trillion yuan (1.2 US dollars), reaching 10.3 trillion yuan a historical new high, according to official figures.

The Ministry of Commerce said Friday on its website (www.mofcom.gov.cn) that the year-on-year growth was 19.8 percent without accounting for inflation.

The ministry predicted that the annual growth will be 19 percent and the total volume will amount to 11.4 trillion yuan.

Thanks to China's macro-economic policies, the productive resources market witnessed the high growth, according to the ministry. This has contributed to the increase in consumption structure, soaring foreign trade, urbanization and the country's strive to develop the western and northeastern region.

Source: Xinhua