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China Holiday Spending Rises over Pre-Pandemic Level: Ministry

CHINA PRESS
MNI (Sydney)

Retail and dining sales in the week-long Chinese New Year rose 4.9% over the comparable period in 2019 to CNY821 billion, 28.7% more than last year, the Ministry of Commerce said on its website late Wednesday. Sales of jewellery and clothing more than doubled while communication and home electronics also registered double-digit growth, according to the Ministry. Restaurant sales in large cities surged as many residents avoided returning to rural ancestral homes and celebrated the holidays locally.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

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