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Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Beijing, October 8 (Xinhua) — China saw robust consumption growth during the eight-day National Day and Mid-Autumn Festival holidays, with spending patterns diversifying during the "golden week," according to official data released Wednesday.
According to data from the Ministry of Commerce of the People's Republic of China, key retail and catering establishments recorded a 2.7 percent year-on-year increase in sales during the holiday period.
From October 1 to 7, footfall on 78 pedestrian streets/business districts monitored by the ministry increased by 8.8 percent year-on-year, while their revenue grew by 6 percent.
New consumer trends were noted during the holidays: eco-friendly and smart products, as well as Chinese-style products, are gaining popularity. Sales of organic food products increased by 27.9 percent year-on-year, smart home appliances by 14.3 percent, and Chinese-style fashion by 14.1 percent.
This year, the national holiday period, which included China's National Day and the Mid-Autumn Festival, lasted from October 1st to 8th. Among the holiday treats, mooncakes, low in sugar and fat, were particularly popular, reflecting consumer trends toward healthier, higher-quality products.
Service sector consumption also increased significantly. High-quality Chinese films generated a buzz among audiences: by 3:00 PM on Wednesday, box office receipts for the holiday period had exceeded 1.79 billion yuan (US$252 million).
In addition, enthusiasm was generated by various sporting events, which, in turn, contributed to the growth of associated spending on catering services, as well as on cultural and creative goods. –0–
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