Chinese buy 300b yuan goods in holiday
(Shagnhai Daily)
Updated: 2006-10-08 13:34 Chinese consumers bought about 300 billion
yuan (US$37.88 billion) worth of goods during the past seven-day holiday, up
14.5 percent from the last National Day holiday period, the country's Ministry
of Commerce said.
There was no huge difference between the retail sales in the country's
smaller cities and its metropolises, the Beijing Times said. Some smaller cities
even exceeded the larger ones. The total retail sales of consumer goods in
China's central Sichuan Province during the past holiday increased by 18
percent, 2.5 percentage pointes faster than Beijing, China's capital.
The major retail enterprises in Shanxi, Guizhou and Jilin provinces reported
rises of at least 20 percent in the sales of consumer goods in the past seven
days, the ministry said.
This year's Mid-autumn Festival came on October 6, which added to the
country's sales in the food and beverage industry.
Many people in southwest China's Chongqing Municipality chose to celebrate
the holiday in restaurants, boosting local retail sales in the industry by 22
percent.
Meanwhile, Beijing's restaurants were flooded by wedding parties, with the
owners earning at least 20 percent more than last year's National Day holiday
period, said the ministry.
Chinese consumers are spending more leisure time in book stores, libraries
and museums, the report said.
They also like to participate in activities close to nature, and have a
raised awareness towards saving energy, it said. (For more biz stories, please visit Industry Updates)
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