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MNI BRIEF: Consumption To Grow Steadily After Spring Festival

MNI (BEIJING)
MNI ( Beijing)

Beijing believe Chinese consumption will show steady growth in Q1 after strong sales during the Spring Festival, according to He Yadong, spokesperson for the Ministry of Commerce on Thursday.

At a press conference, He highlighted Spring Festival passenger flows on major pedestrian streets increased by 32.9% y/y, while cinema tickets set a new record raising CNY8.01 billion yuan.

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Beijing believe Chinese consumption will show steady growth in Q1 after strong sales during the Spring Festival, according to He Yadong, spokesperson for the Ministry of Commerce on Thursday.

At a press conference, He highlighted Spring Festival passenger flows on major pedestrian streets increased by 32.9% y/y, while cinema tickets set a new record raising CNY8.01 billion yuan.

Keep reading...Show less