Consumption booms during Spring Festival holiday
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Consumption:
During the first five days of the holiday, the sales of festival goods boomed. Sales of green organic food, gold, silver and jewelry from retail enterprises - monitored by the Ministry of Commerce - increased by more than 10 percent year-on-year.
According to statistics from local customs authorities of South China's Hainan province, duty-free spending was nearly 2.49 billion yuan or 8,358 yuan per capita during the holiday period.