E-mail lunthesis@163.com Phone 0551-65179860-203

China reports consumption growth during Lunar New Year holiday

Pub Date:2021-02-18 08:34 Source:Xinhua

The consumer spending during the Chinese Lunar New Year holiday surged noticeably, according to the latest statistics from the Ministry of Commerce (MOC).

The combined sales of retail and catering enterprises in China rose 28.7 percent year on year to 821 billion yuan (about 127.5 billion U.S. dollars) during the Spring Festival golden week, data from the MOC showed.

China's online sales exceeded 122 billion yuan during the same period, with online catering sales surging 135 percent compared with the Spring Festival holiday last year as more Chinese ordered ready-to-eat meals through e-commerce or online food delivery platforms.

Sales of products related to Lunar New Year's Eve dinners increased by 54.9 percent year on year during the holiday, said the MOC.

The Spring Festival, or the Chinese Lunar New Year, is an important occasion for family reunions, which falls on Feb. 12 this year, and many places across China have encouraged residents and migrant workers to stay put for the festival to reduce the flow of personnel and curb the spread of the COVID-19 epidemic.


Editor:Rita

Related News
- China to advance green finance development: central bank    2021-02-10 08:30
- Old revolutionary base revives amid China's poverty allev...    2021-02-09 14:49
- Ties, pacts to boost companies abroad    2021-02-09 10:50
- Six more cities reach GDP of 1 trillion yuan    2021-02-08 10:15
 
photo  >>
Farmers harvest lotus roots to meet market demand in Anhui
People across China make a variety of snacks during Lunar New Year
Video  >>
Visit a bullet train maintenance center amid China's Spring Festival travel rush
Hongcun Village: a taste of Hui-style in E China's Anhui
People  >>
Elderly educated on smartphone use
Top 10 cities with highest savings in China
Travel  >>
China logs 256 mln domestic tourist trips during Spring Festival holiday
Spring Festival traffic significantly down this year
Contact Us
Copyright ©2000-2016 anhuinews.com All rights reserved. Reproduction in whole or in part without permission is prohibited.