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  • Beijing Review

    ECONOMY

    Jan 07, 2021 4 minutes

    Holiday Consumption

    The 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 on January 4.

    The companies 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, with takeout transactions jumping 17 percent year on year in Beijing, the ministry said.

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