BUSINESS China's consumer market remains upbeat in New Year holiday

BUSINESS

China's consumer market remains upbeat in New Year holiday

Xinhua

20:37, January 04, 2021

BEIJING, Jan. 4 (Xinhua) -- China's consumer market remained buoyant during the three-day New Year holiday, with the average daily sales of key retail enterprises up 6.2 percent year on year, the Ministry of Commerce said Monday.

File Photo: Xinhua

Key retail enterprises saw sales of food, clothes, home appliances and digital products, as well as jewelry rise by 3.5 percent, 22.8 percent, 9.9 percent and 10.3 percent, respectively.

Sales at seven duty-free stores in the southernmost Hainan Province soared 213 percent from a year earlier.

Service consumption also picked up during the period, with takeout transactions jumping 17 percent year on year in Beijing, the ministry said.

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