China's consumption momentum stays robust during holiday
China's consumption momentum remained robust during the New Year holiday due to effective control of COVID-19 cases.
During the three-day New Year holiday, offline consumption in Shanghai reached 27.08 billion yuan ($4.26 billion), up 12.8 percent year-on-year, according to the Consumer Market Big Data Laboratory (Shanghai).
The sales of department stores, supermarkets, specialty stores, restaurants and e-commerce enterprises monitored by Beijing Municipal Bureau of Commerce reached 3.89 billion yuan, up 18.8 percent year-on-year during the same period.
From Jan 1 to 3, the sales of monitored enterprises in Jiangsu and Chongqing increased 8.4 percent to reach 7.87 billion yuan and 6.5 percent to hit 7.51 billion yuan, respectively, according to local business and trade authorities as reported by China Media Group central radio network.
According to a preliminary estimate by the Guangdong Provincial Department of Culture and Tourism, Guangdong saw 11.12 million trips of tourists and tourism revenue reached 6.7 billion yuan.
The 661 A-level tourist attractions included in the statistics of Sichuan province received 6.24 million trips of tourists and ticket re venue reached 53.48 million yuan.
