December 30 – Turnover of China's deal-of-the-day websites grew 20% month on month to ¥1.45 billion in November, with, and – the country's top three – each recording ¥200 million or more, according to a statistical report on the nation's group buy market.

December 30 – E-mart, South Korea's largest retailer, sold a store in Shanghai and another in Kunshan, near Shanghai, for a total of ¥9 million after the two locations reported losses for four consecutive years.

December 30 – Spending on household appliances in China's third and fourth tier cities is projected to reach ¥540 billion in 2011, according to a report by China Market Monitor Co.

December 30 – China's jewelry sales surged 69% year on year in the first 10 months of 2011 and the country is expected to be the world's number one jewelry market by 2020, according to the National Jewelry Management Center. Jewelry sales in the country were ¥250 billion in 2010.

December 29 – Tesco opened its 15th store in Zhejiang province. It is also the British retailer's 102nd store in China.

December 28 – Contribution of consumer spending to the growth in China's gross domestic product is expected to surge from last year's 32.7% to 47.9% this year, according to National Development and Reform Commission director Zhang Ping.

December 27 – As many as 185 million people are expected to travel during the week-long Chinese New Year holiday in 2012, generating ¥100 billion in revenues, up 21% and 22% from the same period a year earlier, according to the China Tourism Academy.

December 26 – C&A, a Belgian clothing retailer, said it plans to open 150 stores in China in the next four years. It has opened 36 in the country since 2007.

December 26 – H&M, a Swedish casual wear retailer, opened 31 new stores in China in the year through December 26, bringing the total number to 77. It plans to open more stores in smaller cities in 2012.

$1 = ¥6.3

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