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

China sees booming consumption during Spring Festival holiday

Pub Date:2024-02-23 09:21 Source:Xinhua

BEIJING, Feb. 22 (Xinhua) -- China has seen a boom in consumption during the Spring Festival holiday, making a good start to 2024, an official with the Ministry of Commerce said on Thursday.

He Yadong, spokesperson for the ministry, said there were many bright spots in the consumption of physical commodities during the holiday. He cited figures from retail enterprises monitored by the ministry, with gold, silver and jewelry sales up 23.8 percent, sports and entertainment products up 15.6 percent, and communication equipment up 10.4 percent.

Consumption in China's service sectors saw robust growth during the period. Domestic tourists have spent 632.69 billion yuan (about 89 billion U.S. dollars), up 47.3 percent year on year, while the national box office during the holiday hit a record high of 8.02 billion yuan, said He.

The impetus of new consumption was also unleashed. Instant retail sales via e-commerce platforms monitored by the ministry climbed 32.2 percent year on year, and some of the platforms saw the sales of cycling and skiing equipment up by over 50 percent from the previous year, he said.

The ministry will organize a series of consumption promotion activities and fully implement measures to expand consumption, said He, predicting that the consumer market will see steady growth in the first quarter.

Editor:Zheng Chen

Related News
- 'Sunning of the Buddha' ceremony held in NW China monastery    2024-02-23 09:21
- GLOBALink | BRI offers numerous benefits for partner coun...    2024-02-23 09:21
- GLOBALink | China's aid eases misery of quake-affected Af...    2024-02-23 09:21
- GLOBALink | Armenian musician enjoys life in China's Shen...    2024-02-23 09:21
 
photo  >>
Wuhu, Anhui: 100,000 mu of canola flowers blossoming
Guest countries of honor attract visitors at 6th CIIE
Video  >>
Dialogue with International Young Directors |Young directors from Sri Lanka and Brazil visit Anhui for the first time to shoot folk documentaries, they describe it as a 'Journey to Restore Creativity'
Vlog | Join me on a city walk filled with French romance on the streets of Hefei, Anhui!
People  >>
Hebei rolls out red carpet for talent
Transnational couple revives ancient dwelling in east China
Travel  >>
Huangshan listed among China's Top 10 scenic cities
China expects travel spree during May Day holiday
Contact Us
Copyright ©2000-2021 anhuinews.com All rights reserved. Reproduction in whole or in part without permission is prohibited. 皖B2-20080023-7